December 15, 2017

Seattle Mortgage Rates Today 2/3/12

Seattle Mortgage Rates Today 2/3/12:  US employers substantially increased hiring in January 2012 with expectations around 150,000 jobs but blew that out creating 243,000 jobs.  This is a continued hot streak for hiring with December adding 203,000 jobs and having both November / December reports revised for improvements.

This has led to the lowest unemployment rate of 8.3% since February 2009.

As we have always mentioned positive US economic news fuels the stock market at the expense of bonds.  If you secured your rate yesterday great job, if not don’t feel like you missed your opportunity.  There are many US and Global issues that remain uncertain and continue to develop.   For example:  the European financial crisis remains a huge issue.  They continue to have positive / negative days but massive size of this issue is yet to really be discovered.

Have a wonderful weekend; if you are in Seattle enjoy the SUN!  Have a great time with super bowl parties, the food, commercials and of course the game!

Thanks, Mortgage Reel

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