Washington State Mortgages, Made Clear. Buying or Refinancing? Let's find the right loan together.
Freddie Mac’s PMMS report was released this morning showing that mortgage rates are trending higher from the 3 year lows.
The Prime Mortgage Market Survey is based on an average of last week’s conforming rates and reports that the 30 year fixed rate averaged 3.66 with 0.5 points for the week ending June 2, 2016. [Read more…]
According to Freddie Mac’s Prime Mortgage Market Survey that was released today, mortgage rates for the 30 year fixed conventional are at their lowest in 3 years.
It’s taking me a couple days to write this post because it’s hard for me to fathom that this month marks my 30th year in the real estate industry. Thirty years ago, I was hired to be a doc puller at Safeco Title Insurance Company. I was promoted to Customer Service and promoted again to work in the title units. This picture of me is from a calendar that Chicago Title created to promote “Unit 5”. And yes, that is Chuck Knox, Coach of the Seattle Seahawks, and my hair was as big as the shoulder pads!
I worked at a couple title companies over the years…the last one was my favorite, Washington Title Company. I was one of the first people recruited to launch Washington Title. It was a great time to be a “title rep” and I worked with a great team.
Mortgage rates have been very low the past couple of days creating a flurry of refinances.
Just how low? Try 3.500% for a 30 year fixed conventional mortgage (apr 3.652%) priced with 1.152 points.
And how about 2.750% for a 15 year fixed conventional mortgage (apr 3.022%) priced with 1.199 points.
Rates quoted above are as of May 6, 2016 as of 12:30 pm PST and are subject to change at any time and are subject to credit approval. Click here for your no hassle mortgage rate quote for homes located anywhere in Washington state.
I just received an email from a popular credit reporting service suggesting that I open new accounts.
