Will rates continue to hold at these historic levels? The Federal Reserve re-stated it will continue to invest in Mortgage Backed Securities to sustain the support needed for housing, allowing Seattle residents to see rates at historic lows through summer.
Seattle Home Show February 14 – 22, 2009
Seattle Mortgage Reel wants to help spread the word for the Seattle Home Show taking place on February 14-22. As the nation’s longest running and largest consumer home show, the Seattle Home Show offers Northwest residents a “one stop shopping” experience in home products and services.
Seattle Mortgage Rates Today, January 23, 2009
One of the Fed chairmen “Frederic Mishkin” stated inflation might be a factor to the US economy in 2009. It is important for Seattle buyers and home owners to secure a historic low interest rate. Don’t wait, apply and prepare for your refinance or new home mortgage today!
Obama stimulus package could cut “jumbo” Seattle home loan rates
If you’re in the market for a new home in Seattle, especially in an area where housing prices are typically high, it might make sense to wait a few weeks. Doing so could mean a significant reduction in your monthly mortgage bill — that is, if the lending industry and congressional leaders have their way.
Follow The Mortgage Reel on Twitter.com
The Seattle Mortgage Reel is expanding communication opportunities to simplify ways for you to access current local economy news.
Seattle Mortgage Rates Today, January 16, 2009
The Federal Reserves initiative to purchase Mortgage Back Securities remains in full swing as they have purchased $23 billion from the 8th – 14th of January. This totaled $33 Billion of their $500 Billion they have committed to purchase by June 2009. Find out more on how this is impacting Mortgages.
Are Seattle home owners thinking refi? Look into it now, experts advise
Many Seattle home owners continue to wait for mortgage rates to drop. If you are on an Arm or looking to save money in the long term, experts say prepare to secure a fixed rate today.
How much should Seattle homeowners pay for a low mortgage rate?
Seattle Mortgage Reel provides a easy to understand presentation on how to maximize home owners closing costs to secure the best rate on a 30 year fixed conventional mortgage.
Seattle home buyers getting off the fence
Low mortgage rates entice Seattle home buyers to jump into the market. The perfect combination of low mortgage rates and flat home prices is a buyers dream in Seattle.
Seattle Mortgage Rates Today, January 9, 2009
The Seattle Mortgage Reel recaps on the Federal Reserves initiative to heavily invest and purchase mortgage back securities, this translated to $4 billion being purchased daily on the open market which will continue into June of 2009. Home loan interest rate remain volatile.