What’s the Current Trend in Seattle Mortgage Rates?
Seattle mortgage rates are slightly improving today
What’s Happening in Financial Markets?
Tomorrow is the Fed statement
How Does This Affect My Mortgage Rate?
Overall today, stocks are lower and bonds are up. When bonds are stronger, mortgage rates drop (small improvement today). As the New Year begins very soon, Ben Bernanke will give his last speech as the Fed Chairman. Hopefully QE3 remains off topic and will continue to move forward into 2014 (Tapering may start in March).
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