November 24, 2017

Seattle Mortgage Rates Today 5/7/12

Mortgage Rates Seattle

Mortgage Rates Seattle

Seattle Mortgage Rates Today 5/7/12:  “Sar-ko-zy!  C’est Fini!  Sar-ko-zy!  C’est Fini!”  This was the sentiment that was chanted yesterday as French President Nicolas Sarkozy was bid au revoir.  Since the financial crisis began, France’s newly elected President, Francois Hollande, will be the ninth Euro Zone leader to be voted in—out with the old and in with the new.  What platform was this socialist standing on to get elected?  President Hollande wants the European Central Bank to lend more to stimulate growth and infuse another 20 billion Euros into the economy, lower the age of retirement and tax the wealthy.  Obviously, this message resounded with the new generation of France as well as those feeling suffocated by implemented austerity measures.

“Whatcha talkin’ ‘bout, Greece?!”  Greece is once again dealing with the government’s austerity measures; as in: they do not want any austerity measures.  A pro-bailout party, The New Democracy, is having difficulty garnering support to stop further austerity measures.  Against The New Democracy is Syriza, the anti-bailout party.  May the best party win.

As we see stocks falling in Europe, more uncertainty is pressuring the Euro lower with the US dollar and bonds benefitting from the negative sentiment.  Watch out as we may find ourselves in the perfect time to refinance or purchase with the lowest rates in history.

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.

Hire The Right Team. How Can We Assist You?

(206) 219-3088

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