Happy Leap Year Day! This week is packed full of economic indicators that may impact the direction of mortgage interest rates including the Jobs Report on Friday.
Archives for February 2016
What May Impact Mortgage Rates this Week: February 29, 2016
February 29, 2016 by Leave a Comment
DIY Sea Shell and Sea Glass Sconce
February 27, 2016 by 2 Comments
Just for fun, I decided to take a plain sconce and glue sea shells and glass that we’ve collected to it. My husband and I collected a majority of the sea shells from beaches along West Seattle.
[Read more…]
How many times will your credit be pulled during a mortgage transaction?
February 26, 2016 by 2 Comments
The main reason why I write at Mortgage Porter, is to try to answer questions about the mortgage process. A lot of my “content” comes from questions that my clients (people I’m helping to get preapproved to buy a home or refinance a home).
Recently, one of my clients asked me:
“How many times will my credit needs to be pulled during the whole process from preapproval to closing?” [Read more…]
What may impact mortgage rates this week: February 22, 2016
February 22, 2016 by Leave a Comment
Mortgage rates remain at very low levels. Here are some of the economic indicators scheduled to be released this week.
What May Impact Mortgage Rates this week: February 15, 2016
February 15, 2016 by Leave a Comment
I hope you had a Happy Presidents Day! Our office is closed in observance of this holiday. We will reopen for business as usual, along with the markets, Tuesday morning, February 16, 2016.
However, I still want to share what economic data may influence the direction of mortgage rates for the remainder of this week.
- Tuesday, February 16: Empire State Index; Housing Market Index
- Wednesday, February 17: Producer Price Index (PPI); Housing Starts; Building Permits; FOMC Minutes
- Thursday, February 18: Initial Jobless Claims; Philadelphia Fed Index
- Friday, February 19: Consumer Price Index (CPI)
We have a lot of data set to be released during this short week. Watch for signs of inflation, which may cause mortgage rates to trend higher off their very low levels.
If I can help you with your refinance or purchase of a home located anywhere in Washington state, please contact me.
DIY Sea Glass Mirror – Part 2
February 14, 2016 by 1 Comment
I must admit, my sea glass mirror has been hanging in the bathroom for a while now…I just haven’t had the time to write this post to share my results. In my last post, I had a base of flat glass glued along the border of the mirror.
The next step was to glue larger pieces of sea glass layered on top of the flat glass. Before actually gluing the glass, I selected the pieces and set them where I thought I’d like them to be, rearranging them as needed. [Read more…]
Mortgage interest rates lowest in 12 months
February 12, 2016 by Leave a Comment
Freddie Mac released their PMMS report yesterday revealing that mortgage rates are at levels we haven’t seen in a year. This is the sixth week in a row that that Prime Market Mortgage Survey has reported rates trending lower. [Read more…]
Freddie Mac PMMS “Lower than expected” Mortgage Rates!
February 4, 2016 by Leave a Comment
This morning Freddie Mac released their weekly Prime Mortgage Market Survey report with a title that I couldn’t agree with more: “Lower-than-expected mortgage rates offer refinance opportunity“.
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