We don’t have any economic indicators scheduled to be released today. The rest of the week is packed with data that may influence the direction of mortgage interest rates, including the FOMC meeting that will be wrapping up on Wednesday. No change to the Fed funds rate is expected. Here’s what’s on deck with this week:
What May Impact Mortgage Rates this Week: April 27, 2015
April 27, 2015 by 3 Comments
What May Impact Mortgage Rates this Week: April 13, 2015
April 13, 2015 by 1 Comment
Mortgage rates have been bouncing in a fairly tight range. Although we don’t have any economic indicators scheduled to be released today, the rest of this week is packed:
What May Impact Mortgage Rates this Week: March 23, 2015 – RATES LOWER
March 23, 2015 by 1 Comment
Welcome to the last full week of March! The cherry blossoms are in full bloom in the Seattle. This photo is from one of the cherry trees in my front yard.
We’ve seen volatility this month with rates bouncing around like a March Madness basketball. Currently rates have have been trending lower.
What May Impact Mortgage Rates this Week: February 23, 2015
February 23, 2015 by 1 Comment
This week is packed full of economic indicators and events that may influence the direction of mortgage interest rates, including Fed Head Janet Yellen’s two day testimony in front of Congress which starts tomorrow. Here’s a list of economic indicators scheduled to be released this week:
What May Impact Mortgage Rates this Week: February 16, 2015
February 16, 2015 by Leave a Comment
Happy President’s Day! Our office is closed today to observe the holiday and will reopen for business as usual tomorrow morning. Mortgage rates inched higher last week following the stronger than expected Jobs Report. Overall, mortgage rates are still very low and offer a great opportunity for home buyers and home owners who are considering refinancing. Click here if I can provide you with a current mortgage rate quote.
What May Impact Mortgage Rates this Week: February 9, 2015.
February 9, 2015 by 1 Comment
This week’s economic calendar appears to be sparse. Watch for mortgage rates to take direction from the stock market. Often, mortgage rates will react opposite to the stock market as rates are based on mortgage backed securities (bonds). When stocks are having a stellar day, traders will often pull bonds (like mortgage backed securities) to invest in stocks. And when the Dow is dropping, we tend to see mortgage rates improve as investors will seek the safety of bonds.
What May Impact Mortgage Rates this Week: February 2, 2015 – Mortgage Rate Post – Rates Continue Lower
February 2, 2015 by 1 Comment
It feels like a “Blue Monday” following yesterday’s disappointing loss at SB49. With that said, one thing I am NOT disappointed with is our Seattle Seahawks. What a great season. Thank you Seahawks and thank you fellow 12s! I am looking forward to the Seattle Mariners…and then SB50! I know this has nothing to do with mortgage rates. 🙂
Back to work…
What May Impact Rates this Week: January 19, 2015 [Mortgage Rate Post: Rates trending lower]
January 20, 2015 by 1 Comment
Holy Catfish – the Seahawks are going to the Superbowl! Okay, now I can return to writing this week’s mortgage rate update.
This is a short week with yesterday’s holiday honoring Martin Luther King. There are not a lot of U.S. economic indicators scheduled to be released this week. Elsewhere in the world, China has some interesting developments taking place in their markets yesterday and the ECB’s monetary policy decision will be released on Thursday, which may impact our markets.
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