Northwest Mortgage Services Inc NMLS 42631

01/07/2025

📊 10-Year Treasury Yield Update: 4.687% 📊

The 10-year Treasury yield plays a crucial role in shaping mortgage rates. Here's what today's rate means for you as a homebuyer or homeowner, along with three ways it impacts mortgage rates:

1️⃣ Mortgage Rate Benchmark: The 10-year Treasury yield is often used as a benchmark for 30-year fixed mortgage rates. As yields rise, mortgage rates typically follow, reflecting higher borrowing costs.

2️⃣ Investor Sentiment: When yields climb, it can indicate confidence in the economy. While that’s positive, it may also lead to higher mortgage rates as lenders adjust for inflation and economic growth expectations.

3️⃣ Affordability Factors: A higher yield may slightly reduce affordability in the short term, but don’t lose hope—markets are dynamic, and there are still ways to secure favorable loan terms!

💡 Here’s the Hopeful Part:

Rates fluctuate daily, so staying informed and pre-approved positions you to act quickly when the market dips.

Buying points or working on improving your credit score can help you secure a lower rate.

If you're considering refinancing or buying, connecting with a mortgage expert now ensures you're prepared to move when the timing is right.

💬 Have questions about how today’s rates impact your goals? Let’s chat and find the best path forward!

Source: CNBC 10-Year Treasury Yield Quote 1/7/2025

12/26/2024

It's excellent to learn that, in 2024, we've been recognized as Gig Harbor Living Local's Finest for another year.

Since taking ownership of Northwest Mortgage Services, we've dedicated our time and effort to uphold the legacy Jeff Carr built in our community. When I joined Northwest Mortgage Services, I told Mr. Carr that there was no reason we shouldn't be someone's first call in Gig Harbor. Our business started in 1988 and had survived multiple market fluctuations, which meant something. I set out to make our community aware that Brokers like us work for you and are committed to the highest level of customer service with expert mortgage knowledge.

We thread our values from our military background and personal beliefs into every transaction. We are glad we could be that choice for Gig Harbor's community, and we are glad we continue to uphold the standards set by Mr. Carr.

Here's to another year!

11/22/2024

🎉 Congratulations to our latest client! 🎉

We’re thrilled to celebrate another success story! We achieved a clear-to-close (CTC) in record time for a recent loan submission! 🏡💼

✅ Submitted: November 5, 2024

✅ CTC Received: November 21, 2024

This milestone reflects our dedication to efficiency and providing exceptional service to our clients. As a proud local, veteran-owned mortgage broker here in beautiful Gig Harbor, WA, we’re here to help make homeownership dreams come true—quickly and smoothly.

Thank you for trusting us with this exciting journey. Here's to many more success stories ahead! 🚀

11/06/2024

Did you know you can move into your new home with as little as 3% down? Even better, a low down payment can still mean affordable monthly payments. If you’re ready to skip the stress and purchase the home of your dreams, give me a call today.

10/30/2024

"Wow, that was quick! 🚀

A huge thanks to our partners at United Wholesale Mortgage for helping us make a one-day loan approval happen! At Northwest Mortgage Services, we're committed to providing efficient, client-focused service, and working with top-tier lenders like UWM makes all the difference. Proud to be delivering exceptional results for our community!

10/24/2024

🇺🇸 Proud to Serve, Proud to Be Part of Gig Harbor 🇺🇸

We at Northwest Mortgage Services want to extend our deepest gratitude to the City of Gig Harbor for the incredible honor of displaying banners of veterans from our community each year. These banners, lining the harbor, are a powerful tribute that we get to see as we drive or walk by—each one a reminder of the service and sacrifice of so many.

Jeff Carr (Founder and Former President of Northwest Mortgage Services) and I, both veterans, are especially proud to see our banners among them. I’ll admit, the banner shows me with more hair than I have now, but it still fills me with joy and pride every time I see it! We've proudly served the Gig Harbor community since 1988, and these moments remind us that service takes many forms.

Thank you to the City of Gig Harbor, the Waterfront Alliance, and everyone involved in keeping this tradition alive. We don’t take it for granted—your appreciation strengthens our pride in serving this community.

10/22/2024

🛠️ Anatomy of Your Local Mortgage Broker 🏡💼

🔑 Specializes in Home Loans – Focused on finding the best mortgage solution for your unique situation.

💼 Not Tied to One Lender – We work with multiple lenders to get YOU competitive rates and terms.

🤝 Works on Your Behalf – Your needs come first. We’re here to navigate the process and make homeownership achievable.

⏱️ Fast Turn Times – We’re committed to making the process smooth and efficient, getting you into your dream home faster.

🇺🇸 U.S. Army Veteran – Proudly serving my community, just like I served my country.

🌎 Rooted in Your Community – Not just your broker—your neighbor. Supporting local businesses and families.

🗣️ Bilingual – Here to assist you in both English and Spanish, making sure nothing gets lost in translation.

📚 Business Educator & Mentor – Dedicated to helping the next generation of leaders, while also supporting you in your home-buying journey.

Let’s make your homeownership dreams a reality—together. 🏡

10/18/2024

Tired of trying to find a parking spot on the street or freeing your car from leaves or snow? Then it might be time for a new living space that's completely your own. Call me.

10/09/2024

Considered FHA loans? They're a great option for first-time and repeat buyers alike. Let's talk about your possibilities.

10/08/2024

One of the key benefits of VA loans is the limit on the amount of closing costs you can be charged. This can make the homebuying process more affordable. Contact us.

09/16/2024

I had the pleasure of working with Krystal Wade while she was at Chicago Title. I always enjoyed visiting her and Ruby in the office. It would be a highlight of my day. She is kind and helpful, and it breaks my heart to read what she is going through. It would be greatly appreciated if anyone out there could support her while she goes through this journey. May Krystal Wade, may God give you strength, courage, peace and healing as you go through this.

We’re asking for support to help our dear friend Krystal through… Emily Shumaker-Chupp needs your support for Support Krystal's Fight Against Multiple Myeloma

08/23/2024

🎉 Exciting news! We just secured a same-day approval for our client! 🏡 It's always a pleasure to help our clients navigate the complexities of mortgages and provide fast, efficient service. We're here to make your home-buying journey as smooth as possible!