Freddie Mac Reports Rates Improved Last Week

2015-04-10_0719_PMMS
Yesterday, Freddie Mac released their weekly mortgage rate survey revealing that mortgage rates trended lower last week following the weaker than expected March Jobs Report.

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Freddie Mac Mortgage Survey reports Mortgage Rates Lower

Freddie Mac’s survey of what mortgage lenders reported for conforming rates last week revealed that mortgage interest rates trended lower. You can see based on the chart below that rates have been bouncing in a tight range, remaining below 4%.

Freddie_Mac_March_26_2015

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What May Impact Mortgage Rates this Week: March 23, 2015 – RATES LOWER

2015-03-19 08.59.05Welcome to the last full week of March! The cherry blossoms are in full bloom in the Seattle. This photo is from one of the cherry trees in my front yard.

We’ve seen volatility this month with rates bouncing around like a March Madness basketball. Currently rates have have been trending lower.

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What May Impact Mortgage Rates this Week: March 16, 2015 | LIVE Mortgage Rate Post

dundeeMy apologies for being a couple days late on this post which is typically published on Mondays… I had Monday off (it was my birthday) and with taking a day off, I had fun catching up on emails yesterday.

For my birthday, my husband and I went to Pinot country in Oregon – it is absolutely beautiful. If you enjoy pinot noir or crisp white wine, I recommend you check it out!

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What May Impact Mortgage Rates this Week: March 9, 2015

mortgageporter-economyMy apologies for being a day late on my “Monday Rate Post”…I’ve been busy working on transactions in process and new refi and purchase loans. Biz has to come before blog. However, I have a few moments now to share with you the economic indicators scheduled to be released this week, which is on the lighter side.

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What May Impact Mortgage Interest Rates this week: March 2, 2015 – Rates Improved

MortgagePorter-JobsReportThis being the first week of the month, means that Friday, we will have the Jobs Report. Last month, the better than expected Jobs Report sent mortgage rates trending higher.

Here are some of the economic indicators scheduled to be released this week:

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What May Impact Mortgage Rates this Week: February 23, 2015

mortgageporter-economyThis week is packed full of economic indicators and events that may influence the direction of mortgage interest rates, including Fed Head Janet Yellen’s two day testimony in front of Congress which starts tomorrow. Here’s a list of economic indicators scheduled to be released this week:

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And the Fed said… [LIVE MORTGAGE RATE POST]

20140504_210758Mortgage 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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