Mortgage Rate Update for the Week of January 29, 2024


This week is packed with market moving events that may impact the direction of mortgage rates, including the FOMC meeting and the Jobs Report. Watch my latest video for more details and please contact me if you are considering buying or refinancing a home.

Mortgage Market Update for the week of January 22, 2024

Mortgage rates have been pretty steady lately. Check out my latest video for the details.

If you’re considering buying or refinancing your home, please contact me for mortgage rates based on your personal financial scenario.

Have a great week!

Mortgage Market Update for the week of January 16, 2024

Where are mortgage rates? What may impact the direction of mortgage rates this week? Check out my latest video for more information!
If you are considering buying or refinancing a home, even if it’s a year or more away, I am happy to help you create a plan. Please contact me for more info!

Mortgage Market Update for the week of January 8, 2024


PS: Go HUSKIES!!! 🙂

Mortgage Rate Update for the Week of January 2, 2024

It’s our first update for the new year! This week is packed with economic data scheduled to be released. Watch this week’s video for more info!

Mortgage Rates Trending Lower

Freddie Mac’s weekly PMMS report was released yesterday showing that rates continue to trend lower.

[Read more…]

All Eyes are on the Fed [Live Post]

This morning we received some mortgage rate friendly news on the PPI (producer price index) showing that overall inflation was flat last month. This bit news is just hours before the Fed wraps up their two-day meeting and announcement on any movement with the Fed Funds Rate at 11:00 PST. Stay tuned! I will continue to update this post today. [Read more…]

It’s Fed Day! [Live Post] No Change to the Fed Funds Rate!

Good morning! It’s just before 7:00 am PST as I’m writing this post. In a couple of hours, we’ll hear the announcement from the FOMC wrapping up their two day meeting on measures they will take to get inflation in line, which includes adjustments to the Fed Funds rate. The Fed Funds rate does not directly impact mortgage interest rates (except for HELOCs attached to the Prime rate), however the action the Fed takes does influence the direction of mortgage interest rates. Mortgage interest rates are based on bonds (mortgage-backed securities or MBS) and react similarly to stocks. Inflation is the “arch enemy” of bonds, which is a big part of why mortgage rates have been higher these past few years. Should the Fed indicate that inflation is taming and investors believe what the Fed is saying, we should see mortgage rates improve…and of course, the opposite is true. [Read more…]