Interest Rates

Mortgage Market Update for the week of September 3, 2024

September 3, 2024 by Rhonda Porter Leave a Comment

This week is JOBS week and we’ll see how it plays out for mortgage rates.

If you would like to see mortgage rates for your personal scenario, click here!

Filed Under: Adjustable Rate Mortgage (ARM), Interest Rates Tagged With: economy, interest rates, jobs report, mortgage rates

Mortgage Rate Update for the week of August 26, 2024

August 26, 2024 by Rhonda Porter Leave a Comment

Mortgage rates continue to trend lower! Will this trend continue? Check out my latest video to learn more.

Filed Under: Interest Rates Tagged With: economy, mortgage rates, refinance

Mortgage Rate Update for the Week of August 19, 2024

August 19, 2024 by Rhonda Porter Leave a Comment

What will impact mortgage rates this week? Check out this week’s episode which includes information on The Covenant Homeownership Program which offers down payment assistance up to $150,000!

Filed Under: Down Payment Assistance, Interest Rates Tagged With: down payment assistance, economy, first time home buyers, mortgage rates

Mortgage Rate Update for the Week of August 12, 2024

August 12, 2024 by Rhonda Porter Leave a Comment

It’s Monday and that means I’m sharing my weekly update on what may impact mortgage rates this week. Plus, I’m including solutions on what you can do if a seller is not wanting to pay your buyers agent’s commission, with the NAR Settlement.

Filed Under: Interest Rates, Real Estate Agents Tagged With: commission, interest rates, mortgage rates, real estate agents

Mortgage Rates Drop!

August 5, 2024 by Rhonda Porter Leave a Comment

Friday’s disappointing Jobs Report was actually great news for mortgage rates as it fueled a long-awaited rate drop. With unemployment trending higher, it’s more likely (almost guaranteed) that the Fed will finally start lowering the Fed funds rate in September. This means that we will start to see mortgage rates trend lower in anticipation of the Fed’s actions next month.

For more info, please check out my latest update.

If you’re considering buying or refinancing your home, please contact me. I am happy to help you or anyone you know!

Filed Under: Interest Rates Tagged With: economy, interest rates, jobs report, mortgage rates

Mortgage Rate Update for the Week of July 29, 2024

July 29, 2024 by Rhonda Porter Leave a Comment

We have a lot taking place that may impact the direction of mortgage rates this week, including the Fed meeting and a couple of reports with employment data.

Want to know more? Please check out my latest video.

And remember, if you or anyone you, know are considering buying, refinancing, remodeling or selling your home, I am honored to help you!