August 22, 2017

Seattle Real Estate Mortgage Rates Today 4/12/11

Seattle Real Estate Mortgage Rates Today 4/12/11: Uncertainty and Scary times for Japan as they have raised to the highest threat level 7 over Nuclear concerns, matching the world’s worst Nuclear Disaster of Chernobyl. This has pressured the financial markets to the U.S. “Safe Haven” boosting bonds and lowering rates today. HOWEVER with this spelling out disasterous news it still has not had the same reaction as the initial earthquake and tsunami in Japan. Why? Mainly due to it being a warning and not an actual event. We can only pray that the conditions do not worsen.

Here in the United States, the National Federation of Independent Small Business has reported 25% of 811 businesses polled are seeing an increase in costs of goods which is and will hurt profitability.  Here is the problem, if a small business has to run lean to be profitable they are unlikely to hire more employees.  Small business historically have created more than 1/2 of the jobs in the U.S.  This is also contributing the boost in bonds which feed for the positive off of bad news.

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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