Month: February 2011

Seattle / Bellevue Real Estate Mortgage Rate Watch: Long needed support came from 10 Year auction results yesterday which received an A+ rating. Rates improved immediately following the auction results.  Today at 10:00 PT $16B in 30 Year Bonds will be auctioned.  Wall Street closely watching these results for how much and who is purchasing. […]

Seattle / Bellevue Real Estate Mortgage Rate Watch: Inflation, QE2, Federal Reserve & Auctions, all serving up a cocktail mix for mortgage rates, here is the break down for today.  Could the Bond Market be oversold, that is the technical pattern on the bond chart we are watching.  Today represents the 8th consecutive day of […]

Seattle / Bellevue Real Estate Mortgage Rate Watch: China, Brazil, Feds… All in the news stirring the pot of INFLATION! Today Fed Presidents Jeffrey Lacker, Dennis Lockhart and Richard Fisher are all set to speak at different times about their opinions on Quantitative Easing 2.  The question of is it still necessary and if the […]

Seattle / Bellevue Real Estate Mortgage Rate Watch: Without economic data fueling the markets today, the bond market traders are SPOOKED by the concerns of Global Inflation. Interest Rates hikes in many countries around the world are being speculated to control inflation. These rate hikes will ADD pressure to the United States BOND market as […]

Seattle / Bellevue Real Estate Mortgage Rate Watch: Shocking news from the Unemployment Rate falling to 9.0% from Novembers 9.4%. The biggest news we are following for home ownership comes upon the statements from Ben Bernanke and the Federal Reserve yesterday. With the Unemployment rate lowering before the full injection of Quantitative Easing 2 $600 […]

  Seattle / Bellevue Real Estate Mortgage Rate Watch:  A number of different economic and global factors are impacting the bond market today.  Bonds again opened lower today and have slowly deteriorated as the day continues.  The slow drop in bonds over the past weeks has added up to be quite large.  The jobless claims […]

Seattle / Bellevue Real Estate Mortgage Rate Watch: Changes in Egypt overnight, more rioting and protests have shifted investors back to the Safe Haven of the U.S. but our own Economic Data with the ADP report is causing a see saw once again. Egyptians are demanding the immediate resignation of President Hosni Mubarak, who already […]

Seattle / Bellevue Real Estate Mortgage Rate Watch: Crisis in Egypt, UPS Booming, how did it affect rates today?  The sentiment for Wall Street and Investors is even though the crisis in Egypt is far from over, protesting will not lead to escalated violence from police and the military.  This sentiment is causing investors to […]