September 25, 2017

Seattle Mortgage Rates Today 5/30/12

Mortgage Rates Seattle

Mortgage Rates Seattle

Seattle Mortgage Rates Today 5/30/12: The European Commission—the executive body of the EU—is requesting the EuroZone should assist banks directly as opposed to leaving each country responsible for their own recapitalization.  Given Germany’s resistance, the Commission is in favor of a Euro Bond to aid in containing the crises.  Time is not on their side; something needs to take place in order to keep the banks afloat.  As the pressure builds to keep banks’ capital, the European Central Bank may have to print Euros.

We continue to see mortgage bonds benefit as the uncertainty in the EU endures.  The safe haven in US bonds is attracting global investors and will pressure rates to stay low.  For those in the purchase market, be sure to lock.  However, as the negative sentiment out of Europe persists, those who are refinancing may float.  Stay tuned and we will wait for the Jobs Report out this Friday.

As the season of home buying has begun, 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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