Want to know how mortgage rates are trending following the election or what may impact mortgage rates this week? Check out my latest episode which features our new bridge loan program!
Please contact me if you have any questions or if you’re interested in buying, refinancing or remodeling your home!
Mortgage Market Update for the Week of November 4, 2024
November 4, 2024 by Leave a Comment
I’m still in sunny California for my nephew’s wedding and will be back home before our next weekly update.
This week is set to be very volatile for mortgage rates with the elections taking place tomorrow. Although we may not have the final results for days, the markets will react.
We also have the Fed (FOMC) wrapping up their two-day meeting on Thursday. It’s widely expected that the Fed will reduce the Fed funds rate by 25 basis points. While this does not directly impact mortgage rates, it does influence the direction of mortgage interest rates.
Here’s what’s on schedule for this week:
- Tuesday, Nov. 5: ISM Services, 10-year Auction and the Presidential Election
- Wednesday, Nov. 6: 30-year Auction
- Thursday, Nov. 7: FOMC Meeting & Press Conference
- Friday, Nov. 8: Consumer Sentiment
If you would like to review mortgage rates for your personal scenario, please contact me.
Mortgage Market Update for the Week of October 28, 2024
October 29, 2024 by Leave a Comment
I typically share my weekly update on Mondays; yesterday was a travel day for me. I am writing this from beautiful Palm Desert on “vacation” for a family member’s wedding celebration.
In last week’s update, I shared the economic indicators that may impact rates this week, including: [Read more…]
Mortgage Market Update for the week of October 21, 2024
October 21, 2024 by Leave a Comment
What’s influencing mortgage rates this week, what may impact the direction of mortgage rates this (and next) week and 10 factors that impact the pricing of your mortgage rate in this week’s episode.
Mortgage Market Update for the week of October 14, 2024
October 15, 2024 by Leave a Comment
Check out my latest video to learn where mortgage rates and what may impact mortgage interest rates this week.
Mortgage Market Update for the Week of October 7, 2024
October 7, 2024 by Leave a Comment
Where are mortgage rates following the stronger than expected Jobs Report last Friday? Check out my latest video to learn more about mortgage interest rates and I have a spotlight on VA Loans.
Mortgage Market Update for the week of September 23, 2024
September 23, 2024 by Leave a Comment
This week, I address how mortgage rates reacted to the Fed’s 50 basis point drop to the Fed funds rate and what may impact rates this week. Fannie Mae has an optimistic forecast for mortgage rates and we have 2025 “temporary” conforming loan limits available!
Check out my latest video for more info!
Mortgage Market Update for the week of September 9, 2024
September 9, 2024 by Leave a Comment
Mortgage rates continue to trend lower! Check out what may impact mortgage interest rates this week on my latest video.
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