December 15, 2017

Seattle Mortgage Rates Today 7/6/12

Mortgage Rates Seattle

Mortgage Rates Seattle

Seattle Mortgage Rates Today 7/6/12: “’The sky is falling!  The sky is falling!’ said the Jobs Report.”  Today’s release of the much anticipated Jobs Report was dismal to say the least.  The reported 80,000 private jobs created came in much lower than the expected 105,000 according to last Wednesday’s ADP Report.  Exacerbating the dire state is a revision to the number of jobs reported in the past 2 months.

Unemployment remains steady at 8.2%; with 225,000 jobs created in the 1st quarter of the year and only 75,000 in the 2nd quarter, the jobs market seemed to come to a grinding halt.  What does all of this mean?  Will the Fed step in and provide another round of stimulus?  Bonds are benefitting from the dismal report at the expense of stocks.  Today brings us some of the lowest rates we’ve seen in 2 years.  Should we continue on this trend, we may see rates in the mid-3s…

We recommend locking today for the short-term.  There is still a possibility for a price change for the better as lenders adjust their pricing throughout the day.  There is still a little bit of room for improvement.

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


Related content:

Leave A Reply With Facebook

comments

Speak Your Mind

*