September 22, 2017

Seattle Real Estate Mortgage Rates Today 4/14/11

Seattle Real Estate Mortgage Rates Today 4/14/11: The big question mark on Greece…. can they honor their debt or will they default.  This is definately impacting the EURO and helping the Safe Haven trade.  However there is data in the U.S. being released that has the bond market uneasy ahead of the 30 Year Bond auction at 10:00 AM PT. BREAKING NEWS Auction RECEIVES an A+ rating. Bonds yet to react.
Jobless claims came in higher than expectations at 412,000 which still shows the job market is sluggish. Inflation seems to be in check with the latest report on the Core and Producers Price Index numbers. Hourly earnings are flat, this is helping to keep inflation in check for now. With hourly earning not moving up companies are unable to pass on higher prices to the consumer. The recent price increases have been built into the current market. BUT for prices to move any higher hourly earning would have to move higher. This would then at that time trigger more inflationary concerns.

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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