June 28, 2017

Seattle Mortgage Rate News December 19, 2013

    

Seattle Mortgage Rates

Seattle Mortgage Rates

What’s the Current Trend in Seattle Mortgage Rates?

Seattle mortgage rates are higher this morning

 

What’s Happening in Financial Markets?

Feds stated they will reduce QE3 by $10B

 

How Does This Affect My Mortgage Rate?

What are the market expectations?  After yesterday’s announcement, the bond market did not react positively.  The hint of future tapering sent the bonds down roughly 40-50bps.  When bonds drop, rates go up.

Overall mortgage rates remain well below average and are trending higher so plan accordingly if you would like to purchase or refinance in the near future.




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