December 14, 2017

Seattle Real Estate Mortgage Rates Today 6/29/11

Seattle Real Estate Mortgage Rates Today 6/29/11: The end of QE2… What will happen? Greece passes bail out package. U.S. bond auction receives a “D” grade.

Let’s break this all down: Quantitative Easing 2. Most economists are speculating the end of QE2 will have little impact on the market because it has already been factored in. 

Greece, yes they have passed a plan but it is far from over as there is still a lot to come in the YEARS to come.  Just as Greece tries to move forward there is trouble brewing in other countries of the EURO in Spain & Portugal.  As this does happen it will bring more turbulence to the market and create opportunities in the Safe Haven trade of the U.S. markets.  As we have already seen in the past the Safe Haven trade has a positive impact on the bond market to help in pressuring rates lower.

Speaking of the bond market, the auction today received a “D” rating.  Just as in education this was not a good grade and pressured a sell off which ticked rates up this afternoon.

We will be bring back our video shortly as we are in the process of upgrading our software to bring you better presentations.

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. It is definitely a good sign that the US is not the only one with a turbulent market. The last thing we want is every other country prospering while we are falling. Great post…thanks for the detailed information.

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