This week’s economic calendar is on the lighter side. Here’s some of the scheduled economic indicators that may impact the direction of mortgage rates that are scheduled to be released this week:
What May Impact Mortgage Rates this Week: January 11, 2016
January 11, 2016 by Leave a Comment
DIY Penny Floor… the saga continues!
January 10, 2016 by Leave a Comment
It’s been a while since I’ve updated you on our penny floor project. The good news is that we are almost done with gluing all the pennies!
Freddie Mac PMMS Reports Mortgage Rates Under 4
January 7, 2016 by Leave a Comment
Freddie Mac’s Prime Mortgage Market Survey released today reports that mortgage rates for the 30 year fixed conforming averaged just below 4% last week. [Read more…]
What May Impact Mortgage Interest Rates this week: January 4, 2016
January 4, 2016 by Leave a Comment
Welcome to my first post of 2016! I hope you and yours had a wonderful New Year holiday.
This week may not seem like there is a lot in store for economic indicators that influence the direction of mortgage rates…however, Friday features this years first Jobs Report.
MCC (Mortgage Credit Certificate) wrapping up in 2016
December 29, 2015 by Leave a Comment
The Washington State Housing Finance Commission has announced that the available funds for mortgage credit certificates (MCC) will be reduced in 2o16. They estimate that the remaining funds will be reserved by the end of March (possibly sooner) and that after the available funds are all reserved, home buyers can go on a wait list. The fee for the MCC is increasing in 2016 as well.
What May Impact Mortgage Rates this week: December 28, 2015
December 28, 2015 by Leave a Comment
Happy last week of 2015! I hope you are having a wonderful holiday. I feel so fortunate that my son was able to come back for his first visit back home for a quick visit.
With New Years on Friday, we will have another short week with markets closing early on Thursday and re-opening on Monday.
Mortgage Insurance Tax Deductible for 2015 and 2016
December 23, 2015 by 2 Comments
I’m receiving gleeful emails from various private mortgage insurance companies announcing that mortgage insurance will once again be tax deductible. This is thanks to the PATH Act extending certain tax benefits to eligible home owners.
What May Impact Rates this week: December 21, 2015
December 22, 2015 by Leave a Comment
This is a short week with the Christmas holiday rapidly approaching. With many traders being on vacation for the holidays, we will most likely see additional volatility through the end of this year. Next week will be a short holiday week as well.
Here are some of the economic indicators scheduled to be released this week that may impact the direction of mortgage interest rates:
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