August 24, 2017

Seattle Real Estate Mortgage Rates Today 4/11/11

Seattle Real Estate Mortgage Rates Today 4/11/11: Government avoided the Shutdown on Friday by extending funding until Thursday of this week to finalize and implement their spending budget cuts. Today the earnings season begins and will bring volatility back to the market. There are no economic reports due to be released. Later this week inflation will be a question that the mortgage markets will be closely watching. On Thursday the Wholesale and Producers Price Indices are released. The report last month pushed mortgage rates higher on concerns of rising costs. Friday will bring the Consumer Price Inflation report which the Federal Reserve will also pay attention to predict future inflation measures.

All will have an impact on rates closing out the week. If you are securing a purchase and sales agreement this week you will want to pay close attention to the markets and reports.

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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