Mortgage Rate Update for the Week of June 2, 2025

It’s the first week of June and that means we have the Jobs Report being unleashed on Friday along with other employment data this week. Check out my weekly Mortgage Rate Update to learn how this and what else may impact mortgage interest rates this week.

 

First Mortgage Rate Update for 2025!

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.

 

Mortgage Market Rate Update

It’s a short week with the Thanksgiving holiday and it’s STUFFED with scheduled economic indicators that may impact mortgage rates. Check it out on my latest video along with programs for people who are selling their homes.

Have a great week and wonderful holiday!

If you’re thinking about selling and/or buying a home, I’m happy to help you!

 

Mortgage Market Update for the Week of September 30, 2024

It’s Jobs Week with the first week of October. Here’s my latest update featuring what may impact mortgage rates this week.

If you would like to learn more about mortgages for your personal scenario, please contact me!

PS: Go Seahawks!!!

Mortgage Market Update for the Week of September 16, 2024

It’s a big week with the FOMC’s highly anticipated meeting wrapping up on Wednesday when we will learn if they’re going to cut the funds rate by 25 or 50 basis points. Watch my weekly update to learn more!

The Fed’s move tomorrow does not directly change mortgage interest rates; however, it does influence mortgage rates as rates are based on mortgage-backed securities (bonds) and are traded similar as stocks.

Changes to the Fed’s funds rate does impact the rates on home equity lines of credit, credit cards and other debts where the interest rate is based on the Prime Rate as the prime rate follows the Fed’s funds rate.

Mortgage rates have been improving and I am already helping people restructure their mortgages and eliminate high-interest rate debts. If you would like to see possible scenarios based on current rates, I’m happy to share this with you with no obligation.