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!
Mortgage Rate Update for the Week of January 16, 2025
June 16, 2025 by Leave a Comment
Help for Seniors Being Priced Out of their Homes
June 5, 2025 by Leave a Comment
I was in a neighborhood group on Facebook where someone was sharing that they were having to sell their home that had been in the family for generations. They can no longer afford living in the Seattle area and had made the difficult decision to move their family. If you’re 62 or better, you may not have to sell your home to create a more affordable lifestyle. [Read more…]
Mortgage Rate Update for the Week of June 2, 2025
June 2, 2025 by Leave a Comment
It’s the first week of June and that means we have the Jobs Report being unleashed on Friday along with other employment data this week. Check out my weekly Mortgage Rate Update to learn how this and what else may impact mortgage interest rates this week.
Here to help you on the weekends!
May 31, 2025 by Leave a Comment
Today I met with clients “virtually” via Zoom from the comforts of their home for a mortgage consultation. They’re getting ready to tour homes later today with their real estate agent and wanted to be prepared for what their options are in the event they find their next home. We discussed their preapproval and different strategies for homes they’re considering. [Read more…]
Fannie Mae’s Upbeat Mortgage Rate Forecast with Rates in the 5s!
May 22, 2025 by Leave a Comment
Fannie Mae recently released their monthly forecast for housing. May’s forecast predicts 30 year fixed conforming mortgage rates with rates entering the 5% range in the second quarter of 2026.
While hearing that the 30-year fixed rate might hit the 5% range next year is music to many ears, there are some things I would keep in mind. For starters, the rates are NOT guaranteed – it’s just a forecast… although I’d rather see a forecast with mortgage interest rates trending lower instead of rates pushing higher. 😉 [Read more…]
Mortgage Rate Update for the Week of May 19, 2025
May 19, 2025 by Leave a Comment
Mortgage rates seem to be steady (or stuck!) in the same range since early April. Check out my latest Mortgage Rate Update to get the details.
If you’re thinking about buying, selling, refinancing or remodeling your home, please contact me! And don’t forget, we have our Reverse Mortgage Workshop this week on Thursday, “Retire Like a Boss”. This is a virtual event from noon-1pm so you can grab a lunch, your laptop and learn more about this tool for a comfortable retirement!
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