All NEW!!! Seattle / Bellevue Real Estate Mortgage Rate Watch: Strong reports coming from CHINA’s Purchasing Manager’s Index came in above expectations at a SEVEN month high. This good economic news is spurring the global economies as a sign of global economic improvement. Also pressuring the markets is the U.S. backing the EURO with its […]
Seattle Real Estate Mortgage Rates Today 11/30/10
Seattle / Bellevue Real Estate Mortgage Rate Watch: Continued concerns in Europe causing investors to move funds to the U.S. bond market as a safe haven. For home owners this is a benefit because mortgages are traded on Mortgage Back Securities which are commoditized in the bond market. When yields are pressured lower rate also […]
Seattle Real Estate Mortgage Rates Today 11/29/10
Seattle / Bellevue Real Estate Mortgage Rate Watch: 2009 Greece has financial uncertainty, the U.S. bond market and mortgage backed securities benefited. Once again with Ireland coming out with their financial woes is raising speculation on Spain and Portugal having the same problems. The U.S. bond market is once again the “Safe Haven” for investors. For home […]
Seattle Real Estate Mortgage Rates Today 11/24/10
Happy Thanksgiving from all of us here at the Mortgage Reel. Seattle / Bellevue Real Estate Mortgage Rate Watch: After the Federal Reserve Minutes being released yesterday, Big Ben Bernanke acknowledged the weakening of the U.S. Dollar to stimulate the stock market and to spur economic recovery in the United States. As the statement goes […]
Seattle Real Estate Mortgage Rates Today 11/23/10
Seattle / Bellevue Real Estate Mortgage Rate Watch: We made it to the office in the snow! On a serious note concerns over North Korea on South Korea has investors seeking a “Safe Haven” for funds which the Bond Market is the beneficiary of right now pressuring rates lower. However with a recent bond auction […]
Seattle Real Estate Mortgage Rates Today 11/22/10
Seattle/ Bellevue Real Estate Mortgage Rate Watch: Woes in Ireland after receiving funds from b0th Europe and the I.M.F. (international monetary fund) cause investors to turn the U.S. Bond market as a safe haven. This global news is helping mortgage rates this morning as bonds have become the befeficiary. Warning, though we are seeing this […]
Seattle Real Estate Mortgage Rates Today 11/19/10
Seattle / Bellevue Real Estate Mortgage Rate Watch: Where will rates go? Well that all remains on economic data from the United States and Foreign Markets for the moment. In the now, economic which is good will pressure rates higher as the word inflation emerges. Globally, China is really in the now news, they are tightening […]
Seattle Real Estate Mortgage Rates Today 11/17/10
Seattle / Bellevue Real Estate Mortgage Rate Watch: Warren Buffet in the media today being quoted for not liking the bonds for a long or short term investment. This could be tied directly to the QE2. Republicans are now joining the heated debate to have the Fed pull back on QE2. Keep in mind that […]
Quantitative Easing Explained by xtranormal
xtranormal on YouTube presented this video explaining in their translation “Quantitative Easing” We apologize for the profanity used in parts of the video. This is a video comic on a opinion of Quantitative Easing. The real question is should the Fed and Government step out and let the economy correct itself? Post any comments below, but […]
Seattle Real Estate Mortgage Rates Today 11/16/10
Seattle / Bellevue Real Estate Mortgage Rate Watch: Here is a recipe for rates to move higher or lower. What spurs inflation? Any positive economic news in the united states will spur inflation concerns. Reports like the Consumer Price Index, Producers Price Index, Core Consumption, Consumer Confidence, Employment, etc. When positive data is released it […]