Tomorrow is officially the last day of summer. [sigh]
Here are some of the economic indicators scheduled to be released this week:
What May Impact Mortgage Rates this week: September 21, 2015
September 21, 2015 by 1 Comment
LIVE POST: Will the Fed Impact Mortgage Rates?
September 17, 2015 by 1 Comment
I like writing a “live post” with updates throughout the day to attempt to illustrate how mortgage rates (or the pricing of mortgage rates) can fluctuate throughout the day.
Today the two day Fed meeting wraps up and we’ll learn if the Fed is going to raise the Fed Funds Rate. Following the announcement from the Fed (around 11:00 am PST), we will have commentary from Fed Chair Janet Yellen. While the Fed doesn’t directly dictate what mortgage rates will be, their actions certainly influences mortgage interest rates.
Click here for a mortgage rate quote for your home in Washington.
What May Impact Mortgage Rates this week: September 14, 2015
September 14, 2015 by Leave a Comment
All eyes and ears are on the Fed this week as we wait to see if they will raise rates on Thursday following the wrap up of their two day meeting. The Fed does not control mortgage interest rates, however, they do have a lot of influence on the direction of mortgage interest rates. Here are some of the economic indicators scheduled to be released this week:
What May Impact Mortgage Rates this Week: August 31, 2015
August 31, 2015 by Leave a Comment
Mortgage rates have been bouncing around following the volatile stock market. This week watch for the Jobs Report to be released on Friday.
Here are some of the economic indicators scheduled to be released this week:
What May Impact Mortgage Rates this Week: August 24, 2015
August 24, 2015 by 1 Comment
Mortgage rates are bouncing around this morning with the volatility in the markets largely due to an 8% drop in China’s market and dropping oil prices. This morning, the Dow was down over 1,000 points and is now (8:53 am) down about 247. It’s been quite a wild day and it’s far from over. Remember, mortgage rates are based on bonds and may change several times a day.
What May Impact Mortgage Rates this Week: August 10, 2015 – Mortgage Rates trend LOWER
August 12, 2015 by 1 Comment
My apologies for not getting this post published on Monday, as I typically do. On Monday, I dropped my son off at the airport for him to begin the next chapter of his life with his first “real job” in a new city (to him), Nashville. As I know I’ve mentioned before, I am so very proud of him.
This week the economic calendar is fairly light. Mortgage rates have been getting a boost from China revolving from the issues with their currency. When there are world issues, investors will trade the faster profits (hopefully) found in stocks for the safety with bonds, like mortgage backed securities.
What May Impact Mortgage Interest Rates this Week: August 3, 2015
August 3, 2015 by 1 Comment
It’s the first week of the month and that typically brings us the Jobs Report on Friday morning. It is anticipated that 227,000 new jobs were added last month…we’ll see Friday if the numbers come in as anticipated. The Jobs Report is not just about how many jobs were added to the economy, it also reflects wages. Data that indicates potential inflation may cause mortgage rates to deteriorate.
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