June 28, 2017

Seattle Real Estate Mortgage Rates Today 12/7/2011

Seattle Real Estate Mortgage Rates Today 12/7/2011:  In anticipation of the European Union Summit tomorrow, stocks and bonds are trading near unchanged.  Also supporting the current trading pattern is the absence of major headlines out of Europe and domestic economic reports.

Why are the markets skeptical?  Vowing to mitigate the current debt crisis rampant in the region, leaders from Germany and France will not disperse until a deal has been reached.  Should all parties involved agree to a “quick” solution, markets will remain skeptical.  The EU needs to design a monetary solution involving trillions; if not, the disappointment may negatively affect the recent gains in stocks.

The drama currently besieging Europe has stocks and bonds trading at critical junctures.  Europe needs to find a clear and significant solution in the next few days; stock volatility will be tested and may see significant fall out.  However, should stocks rally to the upside it will definitely be at the expense of bonds.  News from the EU Summit could be a huge factor and bring volatility to the bond market.

Timing is everything just as location of the home is critical. Timing in securing an interest rate, BEST rate, is working with a mortgage professional that has their pulse on the market and when best to advise and educate their clients when timing is right. Along with this key knowledge is to be on top of all of the lending and underwriting changes which seem to almost happen daily. We at the Mortgage Reel are Licensed Washington Loan Originators, serving clients with transparency, knowledge and most importantly keeping your goals in mind. How can we assist you today?

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