We don’t have a lot of economic indicators scheduled to be released this week. We do have the Seahawks on Monday Night Football!!!
What May Impact Mortgage Rates this Week: October 5, 2015 – RATES IMPROVED
October 5, 2015 by 1 Comment
What May Impact Mortgage Rates this Week: April 13, 2015
April 13, 2015 by 1 Comment
Mortgage rates have been bouncing in a fairly tight range. Although we don’t have any economic indicators scheduled to be released today, the rest of this week is packed:
What May Impact Mortgage Rates this Week: February 23, 2015
February 23, 2015 by 1 Comment
This week is packed full of economic indicators and events that may influence the direction of mortgage interest rates, including Fed Head Janet Yellen’s two day testimony in front of Congress which starts tomorrow. Here’s a list of economic indicators scheduled to be released this week:
What May Impact Mortgage Rates this Week: February 16, 2015
February 16, 2015 by Leave a Comment
Happy President’s Day! Our office is closed today to observe the holiday and will reopen for business as usual tomorrow morning. Mortgage rates inched higher last week following the stronger than expected Jobs Report. Overall, mortgage rates are still very low and offer a great opportunity for home buyers and home owners who are considering refinancing. Click here if I can provide you with a current mortgage rate quote.
What May Impact Mortgage Rates this Week: December 29, 2014
December 29, 2014 by 1 Comment
The last week of 2014 is here. It’s another short week with the New Year holiday and so we may be dealing with traders on vacations, which can translate to lighter volumes and/or more volatility. Markets and financial offices (including ours) will be closed on Thursday, January 1, 2015 to celebrate the New Year.
What May Impact Mortgage Rates this Week: December 22, 2014
December 22, 2014 by 1 Comment
The last two weeks of this year are short ones due to the holidays. Many traders may be on vacation so you can anticipate the volatility to continue with stock and bond markets, which means we may see mortgage rates bump around a bit as well.
Bond markets will be closing early on Wednesday and will be closed on Thursday, as will Mortgage Master Service Corporation. Friday will be “back to normal” as far as work hours are concerned. 🙂 Next week will also be a shorter week with the New Year holiday.
What May Impact Mortgage Rates this week: December 15, 2014 – Mortgage rates IMPROVED
December 15, 2014 by 2 Comments
Last week, rates bumped along 14 months lows. Those who were in position to lock with a mortgage application started, were able to secure low rates so they will be able to benefit from lower mortgage payments in the New Year. Before a lender locks in an interest rate, they need to have a complete application, including a credit report, so they know how to price the rate (low mid-credit scores are used) and if you actually qualify for the refi. It takes about 20 – 30 minutes to complete an on-line application, so if you are toying with refinancing right now, I highly recommend you contact your local lender (I can help you if your home is located in Washington state) so that you can be ready to lock in a very low mortgage rate.
What May Impact Mortgage Rates this Week: October 27, 2014
October 27, 2014 by 1 Comment
Will this week bring tricks or treats with mortgage rates? The stage is set to be another volatile week for mortgage rates with scheduled economic events/indicators. The Fed is expected to retire QE3 this week, in which they were buying bonds and treasuries to keep mortgage interest rates at artificial low levels. In addition, the economic issues taking place in Europe and other uncertainties in the world, just adds to the drama we may see play out with mortgage rates.
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