Mortgage Market Update for February 12, 2024


Check out my latest video to see what may impact the direction of mortgage interest rates this week.

If you’re considering buying a home, remodeling or refinancing, please contact me!

2024 Mortgage Rate and Real Estate Forecast


Spoiler alert! I (along with many others) predict that mortgage rates will be below 6% by the end of this year and that we’re going to see a very competitive housing market due to the lack of inventory. I don’t believe we will see home prices come down or a “correction” with home prices. It is so important to make sure that you are fully approved and have your offer structured correctly when you’re ready to buy a home.

Please check out my video for more information and reach out to me if you would like to create a strategy for purchasing your next home!

Mortgage Market Update for the week of January 16, 2024

Where are mortgage rates? What may impact the direction of mortgage rates this week? Check out my latest video for more information!
If you are considering buying or refinancing a home, even if it’s a year or more away, I am happy to help you create a plan. Please contact me for more info!

Mortgage Market Update for the week of January 8, 2024


PS: Go HUSKIES!!! 🙂

My Interview with Market Share’s Tony Blodgett


I had a great time meeting Tony Blodgett at New American Funding’s studio in the Everett office to record an episode of Market Shares. We talk about the transition from Mortgage Master to New American Funding, how I wound up in lending and the current market and more!

Thanks for the interview, Tony!

Surprise! It’s a strong Jobs Report

May’s Jobs Report came in much better than expected this morning with 2.51 million jobs ADDED vs the anticipated the 8.5 million jobs lost. Personally, this sounds too good to be true to me and I’m thinking that we’ll see corrections in the months to come…of course, I hope I’m wrong and that an economic (and health) recovery is here. [Read more…]

How to Grab a Low Mortgage Rate in a Volatile Market

Lately I’ve felt like I’m sitting in the front row of a roller coaster with the wild swings in mortgage interest rates. Mortgage rates have been at 50 year lows this past week – the lowest levels since Freddie Mac started keeping track with their weekly mortgage survey. This is largely due to fears in the market caused by the coronavirus. The Dow has been taking wild plunges, then will rally only to dip again. Mortgage rates are based on bonds (mortgage backed securities) and when investors are pulling funds from stocks, they will often seek the safety of bonds. We’ve seen that this past week when rates dropped to the lowest levels I have seen in my 20 year career as a Mortgage Professional. We are in uncharted territory. [Read more…]

Market Volatility and Lower Mortgage Rates

Freddie Mac’s PMMS report shows that mortgage interest rates have dropped this week largely due to the market volatility with the on again off again trade war with China.

[Read more…]