Seattle Real Estate Mortgage Rates Today 1/9/12
Seattle Real Estate Mortgage Rates Today. Happy Monday! This overall week the economic news is pretty light. Today the bonds are slightly up but not really high enough for consumers to see a real drop in mortgage rates. This week a total of $66B in notes and bonds are set for auction. This auction starts tomorrow and will provide some volatility but the Fed does plan to continue purchasing. Stay tuned as the market may shift!
As a Seattle real estate homeowner or buyer, one positive for low mortgage rates is Europe. They continue to struggle to create a plan to attack the financial debts. Each country must take into account their own debt within their economy. Tax officials recently exposed an Italian town where 133 high end luxury cars were found. The majority of the owners of these cars declared an annual income of 22,000 Euros or were used as tax write offs for local businesses. Must be nice!! Here is the link to the article.
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