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
LIVE POST: Will the Fed Impact Mortgage Rates?
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
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!
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
What May Impact Mortgage Rates this Week: June 29, 2015
Mortgage backed securities are enjoying bump today with Greece back in the headlines. As I’m writing this post (9:25 am pst) the Dow is down 229. This is a case where a bad news for the stock market = good news for mortgage rates.
Freddie Mac reports last week’s average mortgage rates unchanged
The Freddie Mac PMMS reveals little change in mortgage interest rates over the last week with the 30 year mortgage rate averaging 4.02% with 0.7 points.
Freddie Mac reports mortgage rates trending higher
Freddie Mac released their weekly report on average mortgage rates for last week. From the PMMS Report:
Recent Comments