The Mortgage Porter

Mortgage Market Update for the week of January 16, 2024

January 16, 2024 by Rhonda Porter Leave a Comment

Where are mortgage rates? What may impact the direction of mortgage rates this week? Check out my latest video for more information!<span data-mce-type="bookmark" style="display: inline-block; width: 0px; overflow: hidden; line-height: 0;" class="mce_SELRES_start"></span>
If you are considering buying or refinancing a home, even if it’s a year or more away, I am happy to help you create a plan. Please contact me for more info!

Filed Under: Economy, Interest Rates Tagged With: economy, home purchase, interest rates, mortgage rates, refi, the Fed

Your Mortgage and Home Equity should be part of your Financial Planning

January 9, 2024 by Rhonda Porter Leave a Comment

Market Watch recently published “I really don’t want to work until I’m 67, I’m 57, make $100,000 a year, and have $300K in my 401(k). But I’m worried about my spending and have debt. Who can help?” The article provided some basic tips such as recommending this person use their income to pay off the debt (vs using their savings), change their spending habits and make sure they’re funding their retirement. [Read more…]

Filed Under: cash out refi, Debt Restructuring, Financial Planning, heloc, Offset Mortgage, Retirement, Selling your Home Tagged With: all in one loan, debt, financial planning, home equity, offset mortgage, retirement

Mortgage Market Update for the week of January 8, 2024

January 8, 2024 by Rhonda Porter Leave a Comment

PS: Go HUSKIES!!! 🙂

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

Mortgage Rate Update for the Week of January 2, 2024

January 2, 2024 by Rhonda Porter Leave a Comment

It’s our first update for the new year! This week is packed with economic data scheduled to be released. Watch this week’s video for more info!

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

Mortgage Rates Trending Lower

December 29, 2023 by Rhonda Porter Leave a Comment

Freddie Mac’s weekly PMMS report was released yesterday showing that rates continue to trend lower.

[Read more…]

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

Mortgage Update for the Week of December 18, 2023

December 18, 2023 by Rhonda Porter Leave a Comment

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Next week, I will not be providing a Mortgage Update due to the holidays. I hope you and yours have a Merry Christmas and Happy Holidays!

Filed Under: Interest Rates, Uncategorized Tagged With: mortgage rates

All Eyes are on the Fed [Live Post]

December 13, 2023 by Rhonda Porter Leave a Comment

This morning we received some mortgage rate friendly news on the PPI (producer price index) showing that overall inflation was flat last month. This bit news is just hours before the Fed wraps up their two-day meeting and announcement on any movement with the Fed Funds Rate at 11:00 PST. Stay tuned! I will continue to update this post today. [Read more…]