December 11, 2017

Seattle Real Estate Mortgage Rates Today 11/10/2010

Good Morning,

In the past 5 days the mortgage bonds have taken a pretty large hit.  A number of various economic conditions are contributing to this.  Feds goal was to avoid deflation but in result inflation is in the picture.  Anytime inflation is mentioned or out of line, it kills the market. 

This weeks treasury auctions again have received below average results that have also played a part in the weakening of the bond market. 

Today the job reports are showing improvements from reducing the jobless claims and reducing the millions of people on Emergency Unemployment Compensation (EUC).  Positive signs for the economy are great, but will trend interest rates higher.

Pay close attention if you have plans to refinance or purchase.  Tomorrow the markets will be closed in observance of Veteran’s Day. 

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  1. this post is very usefull thx!

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