LIVE POST: Will the Fed Impact Mortgage Rates?

September 17, 2015 by 1 Comment

20140504_210758I 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.

[Read more…]

Filed Under: Interest Rates, The Fed - FOMC Tagged With: ,

The Fed says…. [LIVE POST]

April 29, 2015 by Leave a Comment

20140504_210758Today at around 11:00 am PST, the FOMC will wrap up their two day meeting and announce any changes to the Fed funds rate. Markets will react to the Fed statements regarding their views of our economy impacting their decisions on whether or not to raise the Fed funds rate. It is widely anticipated that there will be no change to the Fed funds rate today.

It’s not unusual to have the Fed meeting impact the direction of mortgage rates…so I thought I’d attempt a “live rate post” to illustrate how mortgage rates can change in a day. Mortgage rates have been trending higher this week. As of 7:52 am this morning, the 30 year fixed rate is higher by about 0.125% in rate or 0.752 in fee compared to what I quoted two days ago on Monday’s post.

[Read more…]

Filed Under: Interest Rates, The Fed - FOMC Tagged With: , ,

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

March 18, 2015 by Leave a Comment

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!

[Read more…]

Filed Under: Interest Rates, The Fed - FOMC Tagged With: , ,

And the Fed said… [LIVE MORTGAGE RATE POST]

February 18, 2015 by Leave a Comment

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.

[Read more…]

Filed Under: Interest Rates, The Fed - FOMC Tagged With: , ,

Last FOMC Meeting of 2014 and how it impacts mortgage rates [LIVE POST]

December 17, 2014 by Leave a Comment

20140504_210758Today the Fed will wrap up their 2 day meeting around 11:00 am PST. All ears will be anxiously awaiting any clues as to what their policy will be in 2015.

It’s interesting to see how the markets react to “Fed Day” so I thought I’d do a “live post” today, updating this throughout the day with current mortgage rates.

[Read more…]

Filed Under: Interest Rates, The Fed - FOMC Tagged With: ,

What the Fed Said

October 29, 2014 by 1 Comment

20140504_210758In a nutshell, the Fed will no longer be manipulating mortgage rates at artificially low levels. As I write this, I’m receiving intraday rate sheets from some lenders with pricing for the worse.

This is from the Fed’s Press Release:

[Read more…]

Filed Under: The Fed - FOMC Tagged With: ,

What the Fed Says and How It Impacts Mortgage Rates [LIVE POST]

October 8, 2014 by Leave a Comment

I am going to attempt to write a “live post” today to illustrate how mortgage rates may change based on data that is released throughout the day and market reactions. Please keep in mind that despite my best efforts, sometimes a “live post” can be a bit challenging…we’ll give it a try!

[Read more…]

Filed Under: Interest Rates, The Fed - FOMC Tagged With: , , ,

What May Impact Mortgage Rates this Week: September 15, 2014

September 17, 2014 by 1 Comment

20140504_210758This is a painting on black velvet that I did of our Fed Chairwoman, Janet Yellen, that hangs in my office. All eyes and ears will be on the Fed after the two day meeting FOMC meeting wraps up today. Here are some of the economic indicators scheduled to be released this week:

[Read more…]

Filed Under: Economy, The Fed - FOMC
« Previous Page
Next Page »