Helping Washington State homeowners learn more about their mortgage options.
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.
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.
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:
Mortgage rates have been very volatile today with the Fed highly anticipated to increase the Fed Funds rate on Wednesday.
Here are some of the economic indicators that may impact the direction of mortgage rates that are scheduled to be released this week:
I apologize for not getting this post done yesterday as I typically do. Last week, I was in Nashville attending the Mortgage Bankers Association’s Independent Mortgage Bankers Conference. It wrapped up on Friday which gave us some time to visit with my son who currently lives there. Our flight home Sunday afternoon was cancelled, which meant my sister-in-law and I had the pleasure of spending most of yesterday on flights to get back home to Seattle. Just for fun, I thought I’d share a pic I took of Minnie Pearl’s hat and shoes, which are on display at the Ryman Auditorium, home of the original Grand Ole Opry.
Welcome to the last day of November and Cyber Monday. I hope you had a wonderful Thanksgiving holiday.
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This is a very short week stuffed with economic indicators that may impact the direction of mortgage interest rates.
The markets will be closed on Thursday for Thanksgiving and will close early on Friday.
I am so saddened by the events that have taken place in Paris and Beriut last week. Our hearts, prayers and thoughts are with the innocent people who were injured or lost their lives and to their families.
World events such as this may influence the direction of mortgage rates as traders may seek out the safety found in bonds, like mortgage backed securities. Tragic events may cause mortgage rates to lower.
Rhonda Porter is a Licensed Mortgage Originator MLO121324 living in the greater Seattle area. Rhonda began her career in 1986 in the title and escrow industry and began her mortgage career in 2000. She enjoys helping people understand the mortgage process and started writing The Mortgage Porter in late 2006. Read More…
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