Seattle Real Estate Mortgage Rates Today 1/6/12
Seattle Real Estate Mortgage Rates Today 1/6/12. Happy Friday! Is the US Economy truly increasing the number of jobs? How do your local markets compare to the national readings? According to news released 212,000 private jobs were created in December. This is a huge number and the mortgage bonds did not like it. As always positive US economic news increases mortgage rates! It is great to see the US recovering but if you are holding for a specific mortgage rate continue to follow closely. Let us know how we can assist you!
As Europe continues to struggle, the Euro has declined over the recent months. The European countries need to straighten out the financial structures to be in a manageable position. If does not happen, expect to see mortgage rates receive a nice positive benefit.
We have continued to receive questions regarding the Home Affordable Refinance Program HARP. Now PMI is added into the scenario with possible higher Loan to Value limits. Please post thoughts or questions below or contact us directly!
Thanks for your continued support!