Seattle Mortgage Rates Today 2/8/12
Seattle mortgage rates today 2/8/12: Today’s 10yr note auction received a “B+” today. This has helped provide a small improvement to the bonds, but overall mortgage rates remain the same. No economics news is due out for today, so it should remain a pretty quiet afternoon.
Greece postponed the debt solution announcement yesterday. Final details were not in place and they should have a solution soon. Stability in Greece has and will continue to pressure bonds lower so this can lead to higher mortgage rates.
If you are on the edge of locking or waiting, the bonds continue to fight a ceiling of resistance. Since last week, bond prices have not been successful breaking this level to provide lower mortgage rates for consumers. You may want to lock in the current gains.
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The Mortgage Reel / Team Mortgage Reel
275 118th Ave SE
Suite 200
Bellevue WA 98005
United States
(425) 455-0100