June 28, 2017

Seattle Mortgage Rates Today 8/28/12

Seattle Mortgage Rates Today 8/28/12: “What’s everyone waiting for?”  The markets are seeing some very light activity as they maintain a “let’s wait and see what happens” approach.  With Fed Chair Ben Bernanke delivering his speech on monetary policy this Friday, markets obviously do not know what to expect.  Yesterday, the stock market saw its lightest volume in trading this year.  Mortgage bonds experienced the same with the Fed purchasing what little was coming to market.  Rates and prices remain relatively unchanged for yet another day.

Although speculation is strong regarding the announcement of another round of easing by the Fed, the bigger question is when it will be implemented.  Global news is assisting that decision as Japan lowered its expectation for economic growth stating the demand for Japanese imports by China and the US is waning.

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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