The Mortgage Porter

Mortgage Rate Update for the Week of July 22, 2024

July 22, 2024 by Rhonda Porter Leave a Comment

Mortgage interest rates are remaining fairly steady with potential to trend lower this week. If you’d like more details, check out my latest video!

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

Mortgage Market Update for the week of July 15, 2024

July 15, 2024 by Rhonda Porter Leave a Comment

Mortgage rates have been trending lower! Check out my latest video to see what may impact the direction of mortgage interest rates this week.

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

How to Improve Your Odds of Getting YOUR Offer Accepted

July 14, 2024 by Rhonda Porter Leave a Comment

The housing market in the Pacific Northwest remains competitive with the continued lack of inventory. Home buyers need to be patient and prepared for the process to possibly take a while. There are some actions that you can implement to help improve your odds of having your offer accepted over other offers. [Read more…]

Filed Under: Cash Buyer Program, Residential Purchase Tagged With: cash, home buyer, open house, preapproved

Mortgage Market Update for the Week of July 8th

July 8, 2024 by Rhonda Porter Leave a Comment

This week is loaded with events or data that may impact the direction of mortgage rates. Check it all out in my latest video.

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

Mortgage Market Update for the Week of July 1, 2024

July 1, 2024 by Rhonda Porter Leave a Comment

Have a great, fun and safe Independance Day!

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

What if mortgage rates don’t hit 5%?

June 26, 2024 by Rhonda Porter Leave a Comment

Fannie Mae and the Mortgage Bankers Association (MBA) released their monthly updated forecast for mortgage rates through 2025. This June update no longer shows predicted rates for the 30-year fixed conforming to hit the 5% range. MBA, who tends to be the most optimistic, forecasts that in the 4th quarter of 2025, we’ll see 6.0% for a rate with the homes of 5.8% in 2026.