Year: 2010

Bellevue / Seattle Real Estate Mortgage Rate Watch: Rates SHIFT Higher as Profit Taking comes into play and REPORTS on Initial Jobless Claims come in lower than expected at 388,000 vs 416,000 expected. Good News for the economy shifts money out of bonds and into Stocks. Moving forward into 2011 Supply and Demand will Weigh […]

Bellevue / Seattle Real Estate Mortgage Rate Watch: 10:00 7 year auctions results………. Drum ROLL……… “A” rating auction and the market is off to the races. We are showing rate improvements across the board. Whew, much needed good news! What happened yesterday. The weak bond auction results from the 5 Year Bonds triggered a sell […]

Bellevue / Seattle Real Estate Mortgage Rate Watch: Rates move higher on Bad bond auction results today. Keep in mind the Federal Reserve putting more supply in bonds on the market from QE2 will pressure rates to move higher. We apologize for the late post today. We will be back tomorrow.

Bellevue / Seattle Real Estate Mortgage Rate Watch: Mortgage Rates holding from last weeks nice gains, BUT China had a Christmas Surprise by RISING their lending rate by .25%. This is the second HIKE since October this year. The People’s Bank of China is fighting INFLATION that has risen by 5.1% year over year. With […]

Bellevue / Seattle Real Estate Mortgage Rate Watch: Wall Street closing at 11:00 Pacific Time today. BREAKING NEWS, the Federal Reserve is now predicted to HIKE the Fed Funds rate in 2011 by .50% to control future inflation. With Quantitative Easing 2 and the TAX CUT stimulus being passed will add to the growing debt […]

Bellevue / Seattle Real Estate Mortgage Rate Watch: WATCH today’s VIDEO for great information!!! If you are SELLING your home or if you are BUYING a home, this is a must VIEW! Existing Home Sales for November came in at 4.68M, BETTER than expectations, OVER 4.43M in October.  Better news on inventory of unsold homes […]

Bellevue / Seattle Real Estate Mortgage Rate Watch: No Economic News out today ahead of the GDP report tomorrow. Rates are finding some resistance this morning after having two solid days of rate improvements. This may be coming from some selling pressure as investors take some profits. It appears for the moment that the bond […]

Bellevue / Seattle Real Estate Mortgage Rate Watch: The Bond Market continues to try to rally back. CAUTION in the wind still remains as we could reverse and move higher anytime. This week news from U.S. economic data will stir the markets which comes on Wednesday with GDP & Existing Homes and Thursday with five […]

Mortgage rates have improved for the past 48 hours gaining ground.  The House of Representatives approved the tax cuts BUT please pay attention what may happen.  The tax cuts include unemployment benefits, cuts Social Security for 1 year, tax cuts for working families and college students.  The money to fund these cuts increases the current […]

Seattle / Bellevue Real Estate Mortgage Rate Watch: RATES at a 7 Month HIGH, WHY?!!!!!!!!!!! Let’s dig in to a piece of the puzzle. (To really gain a clear perspective please view this short video). If you enjoyed todays clip please leave comments below and share it with other homeowners. Our Facebook page is live, […]