Freddie Mac’s PMMS was released this morning showing that mortgage appear to be calming down…for now.

Helping Washington State homeowners learn more about their mortgage options.
Freddie Mac’s PMMS was released this morning showing that mortgage appear to be calming down…for now.

This morning the August Jobs Report came in with slightly weaker data than expected with only 151k non-farm payroll jobs added.
Yesterday, Freddie Mac released their PMMS report showing the 30 year fixed conventional rate still hanging around (just below) 3.500%.

If you’ve been contemplating refinancing, it could be time to get off your duff! If your home is located anywhere in Washington state, I’m happy to help you. Click here for a no-hassle mortgage rate quote.
PS: Our office will be closed on Monday for Labor Day. I hope you have a wonderful holiday weekend!
Freddie Mac’s PMMS Report reveals that conforming mortgage rates continued to trend lower last week with the 30 year conventional averaging 3.79% with 0.6 points.


Freddie Mac’s Primary Mortgage Market Survey reports that mortgage rates continued to trend lower last week with the 30 year fixed conventional mortgage averaging 3.81 with 0.6 points. [Read more…]
Freddie Mac’s Prime Mortgage Market Survey released today reports that mortgage rates for the 30 year fixed conforming averaged just below 4% last week. [Read more…]
The Freddie Mac PMMS reveals little change in mortgage interest rates over the last week with the 30 year mortgage rate averaging 4.02% with 0.7 points.
Every week, Freddie Mac releases their Prime Mortgage Market Survey (PMMS) based on a survey a mix of 125 lenders on what committed mortgage rates and points were during the previous week. Based on Freddie Mac’s report, the average rate for a 30 year fixed rate mortgage averaged 3.80 percent with an average 0.6 points. This is down from last week when it averaged 3.93 percent. A year ago at this time, the 30-year averaged 4.47 percent.
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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