August 22, 2017

Seattle Real Estate Mortgage Rates Today 10/19/2011

Seattle Real Estate Mortgage Rates Today 10/19/2011:  Europe is again moving the mortgage bonds up and down, impacting consumer rates.  If Europe has a final resolution to the financial crisis, expect mortgage rates to increase.  Even if positive news is rumored in Europe, mortgage rates have slightly trended higher.  If you are on the short term, continue to watch the updates with the Mortgage Reel.

Inflation is another key killer to mortgage bonds.  The consumer price index was within market expectations.  Overall inflation readings are within limits but have been on the rise.  Inflation is the enemy of mortgage rates.  At any given day, inflation can increase mortgage rates instantly.  Long term this can be a huge indicator for the direction of mortgage rates.

Today long term fixed mortgage rates remain unchanged.  Preparing a refinance is very important to know exactly what rate, costs, etc are involved.  That way when the mortgage rate you need is available to meet your financial goals, you can secure and move forward with saving money.

We thank all of the support and local buyers/owners who we have been able to assist.   I know financials are personal so many questions are not posted online so if you have questions please contact us.  We will make sure to answer questions quickly.

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