Month: September 2010

Seattle & Bellevue Real Estate Mortgage Rate Watch: All eyes will be focused on Employment data from now until the November Federal Reserve meeting.  If the employment and economic data do not show more signs of positivity then the actions of the Federal Reserve will bring the Quantitative Easing plan.  For homeowners what this means […]

Seattle & Bellevue Real Estate Mortgage Rates get a bump on weak consumer confidence reports.  As of 10:00 Pacific time, 5 year bonds getting an A rating.  Why is this important to homeowners?  The U.S. is financing its debt in bonds and relies on bonds to keep an A rating.  When bond auctions have good results, […]

Bonds and Mortgages get a jump start to this week after still riding the “Quantitative Easing” statement of the Federal Reserve last week.  Mortgages were able to close at the best levels since August 30th.  All good news for home owners.  Now the question seems to be how low can rates go?  Stay tuned for […]

Housing reports came in under expectations but had minor impact on the market.  What Wall Street is gaining life from is the wording and actions that will come from the Federal Reserve statement of Quantitative Easing.  This also will support homeowners to sustain these low levels of interest rates for the short term.  Speculations continue […]

News impacting rates and a “CALL TO ACTION FOR HOMEOWNERS”.  A bill that was introduced by Representative Brad Sherman (D) to make larger loan limits permanent needs your support.  WE FIRST WANT TO EXPRESS THAT WE ARE NOT REPORTERS NOR ARE WE SIDING FOR EITHER POLITICAL PARTY, WHAT WE ARE STANDING FOR IS HOME OWNERSHIP […]

Seattle Mortgage Reel called it on the head…… with key words in the Federal Reserves statement by Ben Bernanke yesterday, homeowners received relief that interest rates would remain at these levels for an extended period. This is still short term, BUT it will provide home owners in Seattle & the Greater Eastside markets to recieve lower rates. Allow us to assist YOU with saving money!

Federal Reserve day, awaiting for any specific language from the Federal Reserve which would fuel the stock market to sell off or buy bonds.  As mentioned in our previous posts, speculation of another purchase program of bond to be announced in November may help mortgages.  There is a lot of Wall Street Chatter as to […]

No video today.  Attention turns to tomorrows Federal Reserve board meeting.  President Obama speech today could spur a little movement.  As of 12:00 today rates are trying to test what is called a ceiling of resistance.  Wednesday is also the Autumnal Equinox for Wall Street.  We could expect a bumpy ride for this week as […]

Rates unchanged, key dates for next week are the 21st, Federal Reserve Meeting, 22nd which is a benchmark for Wall Street cyclical trading.  This is important to note in trading patterns and patterns in interest rates.  If history once again follows previous years then we will see interest move higher towards the end of this year […]