December 11, 2017

Seattle Real Estate Mortgage Rates Today 3/8/2011

Seattle / Bellevue Real Estate Mortgage Rate Watch: Geither states the economy is improving and better than several months ago.  Allies of Gadaffi rumor a plan his exit.  Both reports are shifting investors out of the U.S. Safe Haven pressuring bonds & mortgage rates to tick up higher.  Dow Jones has jumped over 140 points this morning.  Showing the market volatility to rally on any good news.  Keeping in mind we all want the economy to improve, jobs to return and housing values to stabilize and move higher.  But will all good things yet to come it will continue to pressure rates to gradually move higher.  In just todays news it proves that rates will face serious headwinds from much more improvement from the current levels.  Looking at the Bond page this morning you will find we have hit a flat line and could stand for a move lower which will pressure rates up.

Stay tuned for the Bond auction today at 10:00 AM PT which is always a market mover.

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