The Mortgage Porter Weekly Mortgage Rate Update for September 22, 2025

How are mortgage rates fairing following last week’s Fed meeting and quarter point rate reduction to the Fed funds rate and what may impact the direction of mortgage rates this week?

Check out my latest episode of The Mortgage Porter Weekly.

For current mortgage rates based on your personal scenario, please reach out to me!

PROOF that the Fed Rate Cut did not bring down Mortgage Rates

Click this link to watch my take on what happened with mortgage rates since the Fed lowered the Fed Funds rate by a quarter point on Wednesday.


If you’re curious how today’s market affects your home purchase or refinance, let’s connect—I’d be happy to run the numbers for your situation.

It’s FED DAY! [Live Post] FED DROPS RATE QUARTER POINT

It’s finally here. The day we think we’ve been waiting for…the wrap up of the two day FOMC meeting where it is highly expected that Fed Chair Powell will announce that the fed funds rate will be reduced 0.25. As I write this (9:45 am Seattle time) MBS (mortgage-backed securities, which mortgage interest rates are based on) are pretty flat – up about 1 basis point. They’re flat because the markets have already priced in the quarter point rate reduction by the Fed. So if the Fed announces that there is not going to be a reduction to the funds rate or if they decide to cut 0.50 – we will see some serious market reaction. [Read more…]

Mortgage Rate Update for the Week of August 25, 2025

Mortgage rates liked what they heard from Fed Chair Jerome Powell on Friday when he signaled that the Fed might adjust rates at the upcoming meeting in September. How does this impact mortgage rates and where are mortgage rates trending? Learn this and more about our new and improved bridge loan in this week’s episode.

If you would like to see what current mortgage interest rates are for your financial scenario, please contact me!

 

It’s Fed Day! [Live Post] Rates are Unchanged

Today at 11:00 PST we will learn if the Fed is going to make any changes to the Fed Funds rate as they complete their two-day meeting. It is widely expected that there will be no change to the rate today. The Fed Funds rate does not directly impact mortgage rates* as mortgage rates are based on bonds (mortgage-backed securities), which move similar as stocks. Markets will be waiting for the Fed’s statement and the press conference that follows the rate decision. [Read more…]

It’s FED Day! [Live Post]

It’s the day we’ve been waiting for! Okay, maybe you haven’t been anxiously looking forward to the wrap up of the FOMC’s two-day meeting and learning if they are going to adjust the Fed Funds rate. You must have more exciting things to do! 🤓 [Read more…]

It’s Fed Day! Fed Funds Rate Unchanged.

This afternoon (11:00 am PST) wraps up the two-day FOMC meeting and we will learn if the Fed has decided to make any adjustments to the Fed Funds rate. Although the Fed does not directly control the interest rate of mortgage loans (except for home equity lines of credit that follow the prime rate), mortgage interest rates are influenced by the actions by the Fed.

Odds are that there will be no changes to the Fed funds rate today.  Markets will be paying close attention to what Fed Chair Jerome Powell has to say following the Fed’s announcement of their rate decision. [Read more…]

Mortgage Rate Update for the Week of May 5, 2025

How are mortgage rates doing after the conflicting jobs data last week?

Will the Fed lower rates on Wednesday? (Spoiler alert – the Fed does not directly control mortgage interest rates).

What’s going on with federal student loans?

And an announcement on our upcoming webinar “Retire Like a Boss” on this week’s episode!