Can you believe November is here already? With this being the first week of the month, we have the Jobs Report scheduled to be released on Friday. The Jobs Report tends to influence the direction of mortgage rates because it may show signs of inflation, with rising incomes, which is the enemy of bonds. Mortgage rates are based on mortgage backed securities (bonds). So a Jobs Report that reveals the economy is doing great and wages are going up may cause mortgage rates to trend higher.
What May Impact Mortgage Interest Rates this Week: November 2, 2015
November 2, 2015 by 2 Comments
What may impact Mortgage Rates this week: October 26, 2015
October 26, 2015 by 1 Comment
This week is packed with economic data that may impact the direction of mortgage interest rates. You may special attention to Wednesday, when the Fed meeting wraps up. It is not anticipated that the Fed will change the Fed Funds Rate. However, the press release and Fed commentary following the meeting will be parsed.
What May Impact Mortgage Rates this Week: October 19, 2015 – MORTGAGE RATES MOVE LOWER
October 19, 2015 by 1 Comment
This week, there isn’t a lot scheduled as far as economic indicators. Overall, mortgage rates are trending lower compared to my last rate post two weeks ago. Here are the economic indicators scheduled to be released this week:
What May Impact Mortgage Rates this Week: October 5, 2015 – RATES IMPROVED
October 5, 2015 by 1 Comment
We don’t have a lot of economic indicators scheduled to be released this week. We do have the Seahawks on Monday Night Football!!!
LIVE POST: Will the Fed Impact Mortgage Rates?
September 17, 2015 by 1 Comment
I like writing a “live post” with updates throughout the day to attempt to illustrate how mortgage rates (or the pricing of mortgage rates) can fluctuate throughout the day.
Today the two day Fed meeting wraps up and we’ll learn if the Fed is going to raise the Fed Funds Rate. Following the announcement from the Fed (around 11:00 am PST), we will have commentary from Fed Chair Janet Yellen. While the Fed doesn’t directly dictate what mortgage rates will be, their actions certainly influences mortgage interest rates.
Click here for a mortgage rate quote for your home in Washington.
What May Impact Mortgage Rates this Week: August 24, 2015
August 24, 2015 by 1 Comment
Mortgage rates are bouncing around this morning with the volatility in the markets largely due to an 8% drop in China’s market and dropping oil prices. This morning, the Dow was down over 1,000 points and is now (8:53 am) down about 247. It’s been quite a wild day and it’s far from over. Remember, mortgage rates are based on bonds and may change several times a day.
What May Impact Mortgage Rates this Week: July 27, 2015 – Mortgage Rates trending LOWER!
July 27, 2015 by 1 Comment
I’m back from my vacation, sailing the Broughton Islands in Vancouver, B.C. with my hubby and our (almost) 2 year old puppy, Hitch. Thanks to my great team at Mortgage Master for taking care of my clients while I was enjoying some time off. I’m relaxed, refreshed, recharged and ready to help you with your mortgage needs.
The Chinese stock market is taking a hit as the Shanghai Composite lost 8.5% overnight. This is giving mortgage backed securities a bit of a boost this morning. Check out the mortgage rates I’ve posted below.
What May Impact Mortgage Rates this Week: July 6, 2015
July 8, 2015 by 1 Comment
My apologies for being tardy on a post I typically do on Mondays… it’s been a busy week and well, my business (helping people with their mortgage needs to buy or refinance their homes) has to come before blogging.
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