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 Market Update for the week of September 3, 2024
September 3, 2024 by Leave a Comment
Mortgage Rate Update for the Week of August 12, 2024
August 12, 2024 by Leave a Comment
It’s Monday and that means I’m sharing my weekly update on what may impact mortgage rates this week. Plus, I’m including solutions on what you can do if a seller is not wanting to pay your buyers agent’s commission, with the NAR Settlement.
Mortgage Rates Drop!
August 5, 2024 by Leave a Comment
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!
Mortgage Rate Update for the Week of July 22, 2024
July 22, 2024 by 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!
Mortgage Market Update for the week of July 15, 2024
July 15, 2024 by 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.
Mortgage Market Update for the Week of July 8th
July 8, 2024 by 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.
What if mortgage rates don’t hit 5%?
June 26, 2024 by 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…]
Weekly Mortgage Update for June 10, 2024
June 10, 2024 by 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!
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