Month: January 2011

Seattle / Bellevue Real Estate Mortgage Rate Watch: With the crisis in Egypt far from over the U.S. bond & equity market will continue to be the Safe Haven for global investors.  Though we are losing some ground from Friday’s gains, we could see rates improve a little more from here because of the unrest […]

Bellevue / Seattle Real Estate Mortgage Rate Watch: Have mortgage rates stabilized? For now we have developed support as a floor and as a ceiling. What we mean by this is when Good economic data comes out we are not Spiking higher in rates, on the other side if global or local data comes out […]

Bellevue / Seattle Real Estate Mortgage Rate Watch: Its all about the technical data, Gross Domestic Report tomorrow and Jobs/Unemployment Next week.  Yesterday the Federal Reserve left the Fed Funds rate unchanged at no surprise.  The comments from the meeting is what Wall Street listened to as they are not buying the Federal Reserve playing […]

Bellevue and Seattle Real Estate Mortgage Rate Update:  Mortgage Rates started off worse this morning after receiving nice gains late yesterday.  The market is currently holding as the day continues.  There are two major releases today; first being the Treasury Auction for the 5yr notes and the Feds will release their rate and monetary policy […]

Bellevue / Seattle Real Estate Mortgage Rate Watch: Britain & Consumer Confidence create a tug a war in the market. News on Britain missing their expectations on Gross Domestic Product send investors fleeing to the U.S. Bond Markets. Here in the U.S. Consumer Confidence surges higher than expectations showing that consumers are feeling better with […]

Seattle mortgage rates have opened exactly where we ended on Friday.  As last week continued, bonds weakened which means mortgage rates slightly increased.  Today is a relatively quiet day for economic news but stay tuned for the rest of the week!! This week will bring reports from consumer confidence, the start of the FOMC meeting, […]

Seattle mortgage rates are holding near flat levels from yesterday.  Early this morning the bond market was showing signs of improvement BUT with the stock market rally, this prevented the bond market from holding the gains.  Part of QE2, the Fed will purchase $7B to $9B in maturities today.  This will round of purchasing can […]

Seattle / Bellevue Real Estate Mortgage Rate Watch: Good Employment Data pressuring rates higher, BUT good news we are seeing some support to sustain these current levels in rates. However it does not look appealing to wait for rates to drop much lower. Month after Month we continue to see now positive data and indicators […]

Bellevue / Seattle Real Estate Mortgage Rate Watch: Where will Rates go? Higher or Lower? Question we are asked daily at the Mortgage Reel. The next chapter to Home Owners Education 101 Series will cover this exact question. We will cover the last 20 Years in Rates through 2 recessions. Mortgage Rates are trying to […]

Bellevue / Seattle Real Estate Mortgage Rate Watch: Rates move higher this morning on NEWS that China was a NET seller of Treasuries in November. They sold more than they purchased. Treasuries and Bonds are very sensitive to a major purchaser like China making moves in the market. WHY? China currently holds $896 Billion of […]