Helping Washington State homeowners learn more about their mortgage options.
On our last episode of Seattle RE Chat featured Bryan Copley, CEO of EveryHome.
Everyhome’s concept is based on the idea that every home is for sale for the right price. Bryan thinks of EveryHome.co as a “match maker” between home buyers and home owners – even homes that are not yet listed (off market).
Check out our interview with Bryan and learn more about EveryHome.
Freddie Mac’s PMMS Report reveals that conforming mortgage rates continued to trend lower last week with the 30 year conventional averaging 3.79% with 0.6 points.
If you’ve been reading my blog for a while, you know one of my pet peeves is misleading junk mail that mortgage companies will blast out to attempt to generate business.
The Fed starts their two day meeting today which wraps up tomorrow. It is highly unlikely that the Fed will make any changes to the Fed funds rate tomorrow. Investors will be paying close attention to the FOMC’s statement that will be released when their meeting has concluded around 11:00 PST.
I guess I’m becoming very crafty… I wanted a sea glass mirror for one of our bathrooms. When I checked online, I was a little surprised at the cost so I decided to make my own. My husband happened to have a mirror of the exact size that I wanted for the bathroom that he was hoarding storing from a previous home. It’s an oval mirror with a beveled edge.
I am taking advantage of the current low mortgage rates and refinancing! I fired up Credit Karma and was surprised to see that my score had dipped. My bank also provides my credit score, which was in line with what Credit Karma was providing – just one point under 720. UGH!!! Apparently, I had used one of my credit cards a little more than I should have over the holidays for some home improvements. One digit in your credit score can make a significant difference in your mortgage interest rate and the cost associated for the rate.
Freddie Mac’s Primary Mortgage Market Survey reports that mortgage rates continued to trend lower last week with the 30 year fixed conventional mortgage averaging 3.81 with 0.6 points. [Read more…]
This week began with a holiday, Martin Luther King Jr. Day. The volatility in the markets continue this short week. At one point today, the Dow was down 566 points and ended up closing down 249 points. Global stocks dropped overnight with fears over China’s economy and oil prices at very low levels. All this turmoil translates to lower mortgage interest rates, as traders seek the safety of bonds, like mortgage interest rates.
Rhonda Porter is a Licensed Mortgage Originator MLO121324 living in the greater Seattle area. Rhonda began her career in 1986 in the title and escrow industry and began her mortgage career in 2000. She enjoys helping people understand the mortgage process and started writing The Mortgage Porter in late 2006. Read More…
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