Weekly Mortgage Update for March 25, 2024

We have a short week with the Easter holiday weekend. Bond markets will close early on Thursday and remain closed on Friday.

Want to know where mortgage rates are and what may impact the direction of mortgage rates this week? You’re in the right place! Check out my latest video for the details!

Fannie Mae’s March Forecast Stomps out 5% Mortgage Rates

Fannie Mae released their monthly forecast for mortgage rates. The previous month, they received a lot of attention because of how rosy it was with rates forecasted to hit 5.9% by the end of this year with nearing the mid-5% range in 2025. The March forecast, which was released yesterday, is not as optimistic. [Read more…]

Mortgage Market Update for the week of March 18, 2024

We have the FOMC meeting wrapping up this Wednesday. While we don’t anticipate any changes to the Fed Funds rate, what Chairman Powell has to say following the meeting may impact mortgage rates. For more detail, check out my latest Mortgage Market Update video.

Mortgage Market Update for the Week of March 11, 2024

Curious about what’s impacting mortgage rates? Check out my latest video!

Weekly Mortgage Market Update

This is “Jobs Week” with the big daddy being the BLS Jobs Report this Friday.

Stay tuned!

Mortgage Market Update for the Week of February 26, 2024

Curious about what may impact mortgage rates this week? Check out my latest video!

How to Shop Mortgage Lenders

Here are some questions you should ask lenders before deciding who you are going to work with on your mortgage. The largest financial transaction of your life is far to important to place in the hands of someone who is not capable of advising you properly and troubleshooting issues that may arise along the way. [Read more…]

Mortgage Market Update for the Week of February 19, 2024