December 16, 2017

Seattle Mortgage Rates Today 4/25/12

Seattle Mortgage Rates Today 4/25/12:  “Uh-oh…here comes the Fed!”  Today the Fed Statement and the Interest Rate Decision will be released.  Well, there’s one thing we know for sure…the rate will not be moving in any direction.  However, Fed Chairman Bernanke will be hosting a press conference at lunch time to answer questions.  Will there be a hint of Quantitative Easing 3?  Will Benny be optimistic?  If he doesn’t offer any clue of QE3, bonds may be pressured lower as we saw last month.  If the Fed offers pessimism in light of news of late, then bonds may tick higher in the short term.

In addition to today’s Fed meeting, the Treasury will auction off $35B in 5-year notes.  Until we see how that auction fares, this could perhaps move the market a bit.

As we begin the season of home buying, are you prepared to make on offer on that house you just viewed? Is your offer strong enough to entice sellers? WE ARE THE PURCHASE EXPERTS! By working with The Mortgage Reel Team—unlike the big banks—be assured of an on-time 30-day closing! Contact us today and receive a same-day pre-approval.

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(206) 219-3088

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