Mortgage Rate Update for the Week of January 16, 2025

We have the results of the Fed meeting on Wednesday with next to zero chance of a rate change. Check out what may impact the direction of mortgage rates and learn which saves more, a price reduction or a seller credit to buy down interest rates on this week’s episode.

If you’re thinking about buying, selling, refinancing, remodeling or even a reverse mortgage, let’s talk!

About Rhonda Porter

Rhonda Porter (NMLS 121324) is a licensed Washington Mortgage Advisor with 25+ years of experience helping buyers and homeowners understand their mortgage options. She writes Mortgage Porter to bring clarity and confidence to the home-financing process.

Please leave a reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.