Washington State Mortgages, Made Clear. Buying or Refinancing? Let's find the right loan together.
It’s the last full-week of the year with the holidays upon us. We have the final Fed rate decision this week with a 25 basis point cut to the Fed Funds rate already baked into mortgage rates…but halls are decked with more than holly this week with other economic indicators that may impact the direction of mortgage rates.
Check out my latest video for more details, including the WORST purchase to make if you’re thinking about buying (or refinancing) a home.
Happy Holidays!
Want to know what’s impacting mortgage rates this week? Check out my latest update which includes a preview of our Buy Now vs Wait Report.
Can you believe it’s the first week of December? The first Friday of a month is typically when the BLS Jobs Report is released. This report tends to have a strong impact on mortgage rates. Check out my latest weekly update to learn where rates are trending and what else is scheduled to influence the direction of mortgage rates.
If you’re thinking about buying, selling, remodeling or refinancing, please reach out – I am happy to help you or anyone you know.
18 years ago, I created The Mortgage Porter. I was frustrated with how the news was wrongly reporting that all loan officers were going to be licensed – which simply was wrong. Loan officers who work for depository banks or credit unions are not required to be licensed. We are held to different standards, which is unfortunate…but I digress. I’m here to celebrate the 18th anniversary of my blog, The Mortgage Porter. [Read more…]
HUD has announced the 2025 loan limits for FHA mortgage loans.
King, Pierce and Snohomish Counties, the loan limits are:
FHFA has announced the conforming loan limits for 2025.
High Balance Conforming Limits for King, Pierce and Snohomish Counties
It’s a short week with the Thanksgiving holiday and it’s STUFFED with scheduled economic indicators that may impact mortgage rates. Check it out on my latest video along with programs for people who are selling their homes.
Have a great week and wonderful holiday!
If you’re thinking about selling and/or buying a home, I’m happy to help you!
This week’s episode includes what’s going on with mortgage rates, rent vs buy reports and credit tips to help you with holiday shopping.
If you or anyone you know are considering buying, refinancing or selling a home, please contact me! I am always happy to help.
Rhonda Porter is a Licensed Mortgage Originator MLO121324 living in the greater Seattle area. Rhonda began her career in 1986 in the title and escrow industry and began her mortgage career in 2000. She enjoys helping people understand the mortgage process and started writing The Mortgage Porter in late 2006. Read More…
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