November 24, 2017

Seattle Real Estate Mortgage Rates Today 5/23/11

Seattle Real Estate Mortgage Rates Today 5/23/11: The U.S. dollar gaining strength and financial problems in Europe has the market questioning the stability of Greece. As it has been know for quite some time now, Greece, Italy, Spain and Portugal have been ailing from Debt. Today more concerns are arising from Greece which can spill over into Italy and Spain. This has global investors moving money into the U.S. Safe Haven trade which is helping to improve rates slightly.

An interesting observation of the past performance of the economy and professions. In speaking with a friend who is a financial advisor this weekend he made a great observation. When the stock market is performing strong the housing market is down and when the housing market is strong the stock market is sluggish in gains. With the saying “Sell in May” in the stock market, MAYBE we could see the housing market get the much needed kick start everyone has been waiting for.

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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  1. John Evan Miller says:

    Timing is everything and securing a great rate can actually save potential homeowners much more money in the long run than getting a discount on the home price. Luckily for those seeking to buy a home, now is a great time to purchase with rates and home prices incredibly low. It is definitely a buyers’ market.

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