Helping Washington State homeowners learn more about their mortgage options.
It’s a short week with the Thanksgiving holiday and it’s STUFFED with scheduled economic indicators that may impact mortgage rates. Check it out on my latest video along with programs for people who are selling their homes.
Have a great week and wonderful holiday!
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. [Read more…]
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…]
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.
Check out my latest video to learn where mortgage rates and what may impact mortgage interest rates this week.
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.
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!
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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