Ashlyn Sterling
Mortgage Broker
NMLS #1379246
Simple solutions, it just makes sense!
Mortgage Maven. Making homeownership a reality in Washington.
With 11+ years of lending experience, I take the time to listen to my customers and answer questions to provide realistic, affordable home loan solutions.
I know firsthand that real estate is one of the best ways to build generational wealth. Whether you’re a first-time homebuyer, or seasoned home buyer looking to build your real estate portfolio, I can help you navigate the mortgage process and market.
When I’m not crunching numbers, you’ll find me with my family enjoying the outdoors, cooking, organizing, or visiting my family in Hawaii.
I believe we all deserve to have our dreams come true and I’m ready to work hard in helping you accomplish yours with homeownership.
Our Satisfied Clients
Affordability Calculator*
This calculator will help you to determine how much house you can afford and/or qualify for.
Contact Us Today
Want a quick quote? Please fill out this form!
Latest Blog Posts
Current Mortgage Rates and Trends for Summer 2024
Introduction:
As we enter the summer of 2024, prospective homebuyers and current homeowners are keeping a close eye on mortgage rates. Understanding the current trends and forecasts can help you make informed decisions about purchasing or refinancing your home.
Current Mortgage Rates As of June 2024, the average rate for a 30-year fixed mortgage has decreased to 6.87%, down from the previous week's 6.95%. Similarly, the average rate for a 15-year fixed mortgage has also seen a decline, currently standing at 6.13% (Money) (The Mortgage Reports). This downward trend provides a favorable environment for both new homebuyers and those looking to refinance their existing mortgages.
Factors Influencing Mortgage Rates Several factors are contributing to the current mortgage rate trends:
Inflation: With inflation rates slowly stabilizing, the pressure on mortgage rates has eased somewhat. The current inflation rate is 3.4%, which is slightly lower than the previous month (Moneywise).
Federal Reserve Policies: The Federal Reserve has indicated a "higher-for-longer" stance on interest rates, which has kept mortgage rates within a narrow band. However, there are expectations for potential rate cuts later in the year if inflation shows sustained progress towards the Fed's targets (The Mortgage Reports).
Economic Indicators: The broader economic environment, including employment rates and GDP growth, continues to influence mortgage rates. Recent economic data suggests a cooling economy, which may help to keep mortgage rates steady or even lower in the coming months (Moneywise).
What This Means for Homebuyers and Homeowners For those looking to buy a home, the current rates provide a relatively favorable borrowing environment. It's important to shop around and compare rates from multiple lenders to ensure you get the best deal. For existing homeowners, refinancing at the current rates could result in significant savings, especially if your current mortgage rate is higher than the prevailing rates (Money).
Conclusion Staying informed about mortgage rate trends is crucial for making the best financial decisions. Whether you're in the market for a new home or considering refinancing your current mortgage, understanding the factors that influence these rates can help you navigate the complexities of the mortgage landscape.
The Sensible Mortgage LLC Address
About Us
We strive to deliver the highest levels of service to help you reach your goals. We thank you for your trust and support. From the first call to closing, our team is with you every step of the way!
