Helping Washington State homeowners learn more about their mortgage options.
Today the FOMC wraps up their two-day meeting and around 11:00 am PST, we will learn if the Fed is going to make any adjustments to the Fed Funds rate. It is widely expected they will not adjust the rate today.
What may impact mortgage interest rates today will be the press release and Fed Chair Powell’s commentary following the meeting.
As I write this post at 7:58 a.m., mortgage-backed securities are pretty flat with the 30YR 6% up 3 basis points. The DOW is up 33 to 39,243. [Read more…]
We have the FOMC meeting wrapping up this Wednesday. While we don’t anticipate any changes to the Fed Funds rate, what Chairman Powell has to say following the meeting may impact mortgage rates. For more detail, check out my latest Mortgage Market Update video.
Curious about what’s impacting mortgage rates? Check out my latest video!
This is “Jobs Week” with the big daddy being the BLS Jobs Report this Friday.
Stay tuned!
Curious about what may impact mortgage rates this week? Check out my latest video!
Here are some questions you should ask lenders before deciding who you are going to work with on your mortgage. The largest financial transaction of your life is far to important to place in the hands of someone who is not capable of advising you properly and troubleshooting issues that may arise along the way. [Read more…]
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.
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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