Interest Rates – Page 35

And the Fed said… [LIVE MORTGAGE RATE POST]

February 18, 2015 by Rhonda Porter Leave a Comment

Mortgage rates are pretty much unchanged following yesterday’s sell off in the bond market causing rates to trend higher. Today at 11:00 am Seattle time, the Fed will release the minutes from the last FOMC meeting. This tends to influence mortgage rates so I thought it would be interesting to do a live rate mortgage rate post. You can follow me on Twitter @mortgageporter to see when I’ve updated this post.

Rates quoted below will be based on a sales price of $500,000 with 20% down payment, loan amount of $400,000. Borrowers have credit scores of 740 or higher. Rates quoted are subject to credit approval and may change at anytime. If I can provide you with a mortgage rate quote, click here.

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Filed Under: Interest Rates, The Fed - FOMC Tagged With: fomc, interest rates, live post

What May Impact Mortgage Rates this Week: February 9, 2015.

February 9, 2015 by Rhonda Porter 1 Comment

This week’s economic calendar appears to be sparse. Watch for mortgage rates to take direction from the stock market. Often, mortgage rates will react opposite to the stock market as rates are based on mortgage backed securities (bonds). When stocks are having a stellar day, traders will often pull bonds (like mortgage backed securities) to invest in stocks. And when the Dow is dropping, we tend to see mortgage rates improve as investors will seek the safety of bonds.

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Filed Under: Economy, Interest Rates Tagged With: interest rates

What May Impact Mortgage Rates this Week: February 2, 2015 – Mortgage Rate Post – Rates Continue Lower

February 2, 2015 by Rhonda Porter 1 Comment

It feels like a “Blue Monday” following yesterday’s disappointing loss at SB49. With that said, one thing I am NOT disappointed with is our Seattle Seahawks. What a great season. Thank you Seahawks and thank you fellow 12s! I am looking forward to the Seattle Mariners…and then SB50! I know this has nothing to do with mortgage rates. 🙂

Back to work…

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

Freddie Mac reports mortgage rates continue to slowly drift lower

January 25, 2015 by Rhonda Porter Leave a Comment

Freddie Mac’s weekly rate report revealed that mortgage rates continued to trend lower last week.

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Filed Under: Interest Rates

What May Impact Rates this Week: January 19, 2015 [Mortgage Rate Post: Rates trending lower]

January 20, 2015 by Rhonda Porter 1 Comment

Holy Catfish – the Seahawks are going to the Superbowl! Okay, now I can return to writing this week’s mortgage rate update.

This is a short week with yesterday’s holiday honoring Martin Luther King. There are not a lot of U.S. economic indicators scheduled to be released this week. Elsewhere in the world, China has some interesting developments taking place in their markets yesterday and the ECB’s monetary policy decision will be released on Thursday, which may impact our markets.

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Filed Under: Economy, Interest Rates

Freddie Mac Reports Lowest Mortgage Rates since May 2013

January 15, 2015 by Rhonda Porter Leave a Comment

This morning, Freddie Mac released their weekly mortgage rate report confirming that the 30 year fixed conforming rate is back to record lows from 19 months ago:
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Filed Under: Interest Rates Tagged With: freddie mac, interest rates

What May Impact Mortgage Rates this week: January 12, 2015 [RATES TREND LOWER]

January 12, 2015 by Rhonda Porter 1 Comment

Mortgage rates continue to bounce along very low levels. Last Friday’s Jobs Report was a bit of a mixed bag with then number of employed increasing and hourly wages slightly lower. We don’t have any economic indicators scheduled to be released today. Watch mortgage rates take their cue from the stock market and world events.

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Filed Under: Economy, Interest Rates Tagged With: interest rates

What May Impact Mortgage Rates this Week: January 5, 2015 [Mortgage Rate Post: rates trending lower]

January 5, 2015 by Rhonda Porter 1 Comment

Happy 2015! Mortgage rates are kicking off the new year trending lower with more troubles from the Euro-zone. This week is packed with economic indicators which may impact the direction of mortgage interest rates. If one of your New Year resolutions is to save money, now is a great time to look at refinancing to reduce your monthly mortgage payment and create more cash flow to pay off debts or help fund your retirement. Click here if your home is in Washington state and you would like me to help review your current scenario.