Helping Washington State homeowners learn more about their mortgage options.
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…]
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!
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!
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.
This is a BIG week with the wrap up of the two day Fed meeting and the Jobs Report… want to know more? Check out my latest video.
Want to know what’s up with mortgage rates? Check out my latest video!
Where are mortgage rates? Check out my latest update for this week!
It’s Jobs Week! Check out what’s impacting mortgage rates this week in my latest video.
Rhonda Porter is a Licensed Mortgage Originator MLO121324 living in the greater Seattle area. Rhonda began her career in 1986 in the title and escrow industry and began her mortgage career in 2000. She enjoys helping people understand the mortgage process and started writing The Mortgage Porter in late 2006. Read More…
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