Mortgage rates have improved following Friday’s weak BLS Jobs data. Check out my weekly report to learn more.
Mortgage Rate Update for the Week of August 4, 2025
What Do You Need to Get a Mortgage Rate Quote?
The other day, a home buyer who was shopping interest rates told me that another lender would not provide her with a rate quote unless she submitted an application and allowed them to run her credit. This is wrong! A lender does not need a complete application or to pull your credit report (not even a “soft-pull”) before they can provide you with a detailed mortgage rate quote. I don’t know if it was the lender’s company policy or if they were just trying to get more information – however, it should not be required. [Read more…]
It’s Fed Day! [Live Post] Rates are Unchanged
Today at 11:00 PST we will learn if the Fed is going to make any changes to the Fed Funds rate as they complete their two-day meeting. It is widely expected that there will be no change to the rate today. The Fed Funds rate does not directly impact mortgage rates* as mortgage rates are based on bonds (mortgage-backed securities), which move similar as stocks. Markets will be waiting for the Fed’s statement and the press conference that follows the rate decision. [Read more…]
Mortgage Rate Update for the Week of July 28, 2025
We have the Fed meeting, PCE (inflation data) and the Jobs Report…oh my!
Mortgage Interest Rate Update for July 14 2025
We have inflation in the news this week! For current rates based on your personal scenario, please contact me!
Mortgage Rate Update for the Week of July 6, 2026
Mortgage rates have been trending lower!
The Seattle Times recently published 



