June 22, 2017

Seattle Real Estate Mortgage Rates Today 7/8/11

Seattle Real Estate Mortgage Rates Today 7/8/11:  Mortgage Rates improved today with a disappointing jobs report this morning.  Mortgage rates are still higher from the lows for the year, but a healthy gain in the bond market today is a much needed improvement. 

Month over month the job market seems to be at a standstill.  May had 25k jobs added and June reported a drop to 18k.  Unfortunately this has been the weakest month since September.  This has led to the increased strength in the bond market and drop in the Dow Jones. 

The unemployment rate increased up to 9.2% with a fear of future economic growth slowing down.  One leading cause is the Government as they deal with continued cutbacks. 

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