Bellevue / Seattle Real Estate Mortgage Rate Watch: Where will interest rates go? 20 Years of history and two recessions later…… we break down where rates have been and what has caused rates to move. Great segment today. MUST VIEW. Leave comments below, if you have questions leave those for us also and we will […]
Seattle Real Estate Mortgage Rates Today 1/13/2011
Bellevue / Seattle Real Estate Mortgage Rate Watch: Auctions once again, 30 year Auction receives a “C” rating. NOT SO GOOD. Media is focused on the Producers Price Index and here at the Mortgage Reel we are following this closely as the PPI tells us what the crystal ball has to offer for the future. […]
Seattle Real Estate Mortgage Rates Today 1/12/2011
Bellevue / Seattle Real Estate Mortgage Rate Watch: “A” grading for 10 year note auction today at 10:00 rallies the mortgage market and is improving rates. Treasury Auctions are Key to mortgage rates. Good Auction Ratings help to improve rates, which would be an A rating like today. Any auction result below an A like […]
Seattle Real Estate Mortgage Rates Today 1/11/2011
Bellevue / Seattle Real Estate Mortgage Rate Watch: B-, this was a good grade during school BUT not very good in the financial world. The 3 year note auction at 10:00 today was rated at a B-, this caused the markets to move and pushing rates slightly higher off of the best levels of yesterday. […]
Seattle Real Estate Mortgage Rates Today 1/10/2011
Bellevue / Seattle Real Estate Mortgage Rate Watch: Will Interest Rates Go Back DOWN? With an Improving Economy, Optimistic Outlook for 2011 and a strong stock market, Mortgage Rates will have an uphill battle to improve from here. Let’s break this down: For housing as the economy gets better, consumer confidence returns, job market improves, […]
Seattle Real Estate Mortgage Rates Today 1/7/2011
Bellevue / Seattle Real Estate Mortgage Rate Watch: MORE JOBS REPORTS: Numbers below expectations. Labor Department reported 103,000 below 150,000. Private Job Growth 113,000 below 162,000. Bad right…….. SURPRISE!!!! The Unemployment Rate MOVED DOWN from 9.8% to 9.4% and Media is having a hay day with the numbers. This would have sent rates higher as […]
“LIKE” us on Facebook. “HOW TO BEAT THE BANKS
“LIKE” us on Facebook @ HOW TO BEAT THE BANKS You Get Your Mortgage Questions Answered Without The Hard Sell! Plus you get the following benefits for following us: Contribute and Benefit from the questions of homeowners that we answer daily. Access to Webinars that provide nothing but education on the mortgage process so you […]
Seattle Real Estate Mortgage Rates Today 1/6/2011
Bellevue / Seattle Real Estate Mortgage Rate Watch: JOBS, JOBS, JOBS, the theme of the week. ADP report yesterday SURPRISED the market. Today the Initial Jobless Claims Disappointed the market. Tomorrow the JOBS report will definitely MOVE the market. The see-saw will no less continue to churn the financial waters. This all will IMPACT rates […]
Seattle Real Estate Mortgage Rates Today 1/5/2011
Bellevue / Seattle Real Estate Mortgage Rate Watch: Big news! ADP jobs report this morning revealed 297,000 jobs created in December over the 100,000 expected. The highest reading since the report was created in 2000. Cheers to a recovering economy. Too early to celebrate BUT what this does mean to HomeOwnership is that rates will […]
Seattle Real Estate Mortgage Rates Today 1/4/2011
Bellevue / Seattle Real Estate Mortgage Rate Watch: Follow the Leader? Warren Buffet is making MOVES. His company Berkshire Hathaway sold $1.5 Billion in Fixed Debts to REFINANCE their ADJUSTABLE RATE Loans. YES, that is correct. One of the Wealthiest men in the world and HIGHLY successful investors which many follow is making a move. […]