Helping Washington State homeowners learn more about their mortgage options.
It’s Monday and that means it’s time for my weekly Mortgage Rate Update.
This week’s episode includes:
We have a lot on the economic calendar that may impact mortgage rates this week, including jobs data. Check out my weekly update to learn how rates are kicking of the new year and also, learn how one of my clients are benefiting from buying a home two years ago.
Can you believe it’s the first week of December? The first Friday of a month is typically when the BLS Jobs Report is released. This report tends to have a strong impact on mortgage rates. Check out my latest weekly update to learn where rates are trending and what else is scheduled to influence the direction of mortgage rates.
If you’re thinking about buying, selling, remodeling or refinancing, please reach out – I am happy to help you or anyone you know.
Where are mortgage rates following the stronger than expected Jobs Report last Friday? Check out my latest video to learn more about mortgage interest rates and I have a spotlight on VA Loans.
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!
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!
We have a lot taking place that may impact the direction of mortgage rates this week, including the Fed meeting and a couple of reports with employment data.
Want to know more? Please check out my latest video.
And remember, if you or anyone you, know are considering buying, refinancing, remodeling or selling your home, I am honored to help you!
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.
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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