Seattle Real Estate Mortgage Rates Today 3/16/2011

Seattle / Bellevue Real Estate Mortgage Rate Watch: Nuclear Meltdown in Japan has the Market moving into the U.S. Safe Haven helping bonds and Mortgage Rates dip to the best levels so far in 2011. The entire world is watching with concern for the unfolding events in Japan which has been headlining news by the hour. In the Middle East violence continues to escalate but is taking a back seat in media. Also taking a back seat in media is the economic data in the U.S. which still shows we are moving in the right direction of economic improvement. The Federal Reserve in their meeting yesterday stated that the economy is on “firmer footing” and is “improving gradually”. This sent the rates higher in intraday price changes but today once again all attention is on Japan and has investors shifting money into the U.S. Safe Haven.

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 who 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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