December 14, 2017

Seattle Mortgage Rates Today 7/20/12

Seattle Mortgage Rates Today 7/20/12: “The Spanish Inquisition…er, I mean, arbitration?”  Guess who’s not happy right now?  The Spanish!  After German Chancellor Angela Merkel and the Lower House (Bundestag) approved aid for Spain, it seemed the euro zone was on the right track in mitigating the spread of the debt crisis.  However, the citizens of Spain are protesting and rioting against the newly implemented austerity measures complemented by talk of strikes and walk-outs.  The Euro continues to fall against global currencies as the Valencia region requested aid in the form of €18B.  This only validates fears of global investors that Spain is on same road as Greece—only with a lot more potholes.

Again, the daily unpredictability has brought us a little improvement today in bond pricing.  As we have said for the past couple of weeks, “lock ‘em if you got ‘em.”  A locking stance is in order for those with closings in the next 30 days.   Those with time over 30 days, hold tight as more fears from Europe will only push investors into safe haven trading benefitting bonds.

As the season of home buying is upon us, 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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