Last week I had fun creating a spoof where I’m consoling a drunk racoon, Rocky. Rocky has the blues because he decided to chase a low rate with an online lender and now his home purchase transaction is on a rocky road. All joking aside, I actually have saved several purchases where clients who first opted for an online lender with a slightly lower rate discovered that the loan officer and their lender could not close their transaction. It’s easy to promise a low mortgage rate but that low rate doesn’t matter at all if your transaction doesn’t close. [Read more…]
Working with a Local Lender vs. an Online Lender for your Mortgage
December 12, 2025 by Leave a Comment
Mortgage Market Update for the Week of September 30, 2024
September 30, 2024 by Leave a Comment
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 Rate Update for the week of June 3, 2024
June 3, 2024 by Leave a Comment
It’s Jobs Week! Check out what’s going on with rates with my latest video.
Mortgage Rate Update for December 11, 2023
December 11, 2023 by Leave a Comment
Freddie Mac’s PMMS Report Illustrates Rising Mortgage Rates
April 7, 2022 by Leave a Comment
Every Thursday, Freddie Mac releases the Prime Mortgage Market Survey which shows average rates from last week (this data is not current for today since it’s an average of last week’s applications). The survey is based on purchase applications with at least 20% down payment with excellent credit. So if you’re doing a cash-out refi, have less than stellar credit or have a higher loan to value, your rates would most-likely be higher than what’s shown on the survey.
UPDATE: Rates shown below are not current. Please click here for a mortgage rate quote based on your personal financial scenario for your home located in Washington state. 
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