interest rates

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

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

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.

Should you hold out on Fannie Mae and MBA’s forecast for lower rates in two years? It depends. [Read more…]

Filed Under: Uncategorized Tagged With: economics, home buyer, interest rates

Weekly Mortgage Update for June 10, 2024

June 10, 2024 by Rhonda Porter Leave a Comment

Here’s a teaser: this week we’ll hear from the Fed when their two-day meeting wraps up on Wednesday. Would you like to know what else is impacting mortgage interest rates? Check out my latest video!

Filed Under: Economy, Interest Rates, Video Tagged With: economy, interest rates, the Fed

Mortgage Rate Update for the week of May 27, 2024

May 28, 2024 by Rhonda Porter Leave a Comment

I hope you had a great weekend. Here’s what may impact the direction of mortgage rates this week!

If you would like a mortgage interest rate quote with current mortgage rates based on your personal scenario, please contact me!

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

Mortgage Market Update for the week of May 13, 2024

May 14, 2024 by Rhonda Porter Leave a Comment

My apologies for being a week (plus one day) behind on my weekly update. Last week I was on vacation in California visiting my wonderful sister-in-law. I’m back to work now! Please let me know if you need any assistance with your mortgage or real estate needs.