January 17, 2018

Seattle Mortgage Rates Today 11/2/12

Seattle Mortgage Rates

Seattle Mortgage Rates

Seattle Mortgage Rates Today 11/2/12: “Jobs Report, what say you?”  This morning, the Labor Department reported the creation of 171,000 jobs for the month October.  Revised employment numbers for August and September were released adding another 84,000 jobs to those month’s previous numbers.  As the jobless rate remains steady at 7.9%, it may be beneficial to the upcoming election as the Jobs Report came in higher than economists anticipated.

Stocks moved upward upon the positive Jobs Report numbers while bonds were negatively affected.  However, with the implementation of Quantitative Easing 3, bonds bounced back and made up for most of the earlier losses.

Again, a locking stance is recommended for those who are closing in the next few weeks.  Should you have some time to wait, floating is a viable choice.  Just to reiterate, the debt crisis plaguing the EU is far from over.  We are sure that more dire news will be coming from over the pond soon.



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