Mortgage Market Update for the Week of December 16, 2024

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!

Mortgage Market Update for the Week of October 7, 2024

Where are mortgage rates following the stronger than expected Jobs Report last Friday? Check out my latest video to learn more about mortgage interest rates and I have a spotlight on VA Loans.

 

Mortgage Market Update for the Week of September 30, 2024

It’s Jobs Week with the first week of October. Here’s my latest update featuring what may impact mortgage rates this week.

If you would like to learn more about mortgages for your personal scenario, please contact me!

PS: Go Seahawks!!!

Mortgage Market Update for the week of September 9, 2024

Mortgage rates continue to trend lower! Check out what may impact mortgage interest rates this week on my latest video.

Mortgage Market Update for the week of September 3, 2024


This week is JOBS week and we’ll see how it plays out for mortgage rates.

If you would like to see mortgage rates for your personal scenario, click here!

Mortgage Rate Update for the week of August 26, 2024

Mortgage rates continue to trend lower! Will this trend continue? Check out my latest video to learn more.

Mortgage Rate Update for the Week of August 19, 2024

What will impact mortgage rates this week? Check out this week’s episode which includes information on The Covenant Homeownership Program which offers down payment assistance up to $150,000!

 

Mortgage Rates Drop!

Friday’s disappointing Jobs Report was actually great news for mortgage rates as it fueled a long-awaited rate drop. With unemployment trending higher, it’s more likely (almost guaranteed) that the Fed will finally start lowering the Fed funds rate in September. This means that we will start to see mortgage rates trend lower in anticipation of the Fed’s actions next month.

For more info, please check out my latest update.

If you’re considering buying or refinancing your home, please contact me. I am happy to help you or anyone you know!