Seattle Real Estate Mortgage Rates Today 9/14/11
Seattle Real Estate Mortgage Rates Today 9/14/11: Today’s 30 year bond auction received a strong bid as the overall grading was an “A.” Last time the 30 year bond auction took place (8/11), the bonds took a huge loss, so this is quite a turn around. European struggles and potential delays in the future stability created the draw to the auction today.
Consumer retail sales continue to lag behind expectations. Majority of statistics remain stagnant as consumers remain conservative with spending. With poor / weak US economic news continuing, this has helped mortgage rates remain very close to the best levels. Again we remain very close to the best level in fixed rates which mean a potential opportunity to secure a great rate if TIMING is right for you.
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