Where are mortgage rates? What may impact the direction of mortgage rates this week? Check out my latest video for more information!
If you are considering buying or refinancing a home, even if it’s a year or more away, I am happy to help you create a plan. Please contact me for more info!
Mortgage Market Update for the week of January 16, 2024
January 16, 2024 by Leave a Comment
Refinancing to Cash Out your Ex-Spouse
January 14, 2022 by Leave a Comment
If you’re a homeowner who is going through a divorce or a dissolution of domestic partnership, there are some things to know about using the equity from your home to “cash out” your ex-spouse.
When someone uses a refinance to take equity out of home to provide to ex-spouse, lenders will make an exception and treat the transaction as a “limited cash-out” refinance instead of “cash out” refinance. This provides slightly better pricing with the interest rate and may allow for a higher loan amount, if needed. [Read more…]
Mortgage Rates Still at Extreme Lows
September 18, 2020 by 2 Comments
Freddie Mac’s weekly survey of mortgage rates show that interest rates are still at extremely low levels although I have noticed rates bouncing around a bit more this past week.
Lowest Mortgage Rates in History!
March 5, 2020 by Leave a Comment
Freddie Mac’s Prime Mortgage Market Survey (PMMS) released this morning states: “The average 30-year fixed-rate mortgage hit a record 3.29 percent this week, the lowest level in its nearly 50-year history“…”30-year fixed-rate mortgage averaged 3.29 percent with an average 0.7 point for the week ending March 5, 2020, down from last week when it averaged 3.45 percent. A year ago at this time, the 30-year FRM averaged 4.41 percent. ”
Mortgage Rates continue to DROP
January 30, 2020 by Leave a Comment
Freddie Mac released their weekly mortgage rate survey showing that mortgage rates have continued to drop are at record lows. [Read more…]
Mortgage Rates Drop Lower
June 27, 2019 by Leave a Comment
Freddie Mac released their weekly mortgage rate update, Prime Mortgage Market Survey, which illustrates just how low mortgage rates have dropped recently. [Read more…]
Honoring our Hometown Heroes
May 21, 2019 by Leave a Comment
Mortgage Master Service Corporation recently started a program to honor our local heroes. We are now offering a $625 credit towards closing cost for a home purchase or refinance when we provide the mortgage.
Mortgage Master Service Corporation’s Hometown Heroes program is available for:
- Police Officers
- Firefighters and EMTs
- Doctors and Nurses
- Teachers
- Military
We thank our heroes for taking care of our community and hope we can take care of you with your mortgage needs. Please feel free to share this! I’m am honored to help you with any home purchase or refi on homes located in Washington state.
Note: This program cannot be combined with any WSHFC program. Program and pricing subject to change.
When should you refi a low FHA mortgage rate?
March 14, 2019 by Leave a Comment
Many homeowners are hanging onto very low mortgage rates when they should perhaps consider refinancing the mortgage for a higher rate. What??? [Read more…]
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