Month: April 2011

Seattle Real Estate Mortgage Rates Today 4/15/11: The Pointer Sisters, “I’m so Excited!” It’s Friday and rates are being pressured lower! We love to rejoice with good news closing out a week. The Safe Haven Trade is a BIG Winner today as Ireland is having more financial difficulties which have triggered Moody’s Rating Firm to […]

Seattle Real Estate Mortgage Rates Today 4/14/11: The big question mark on Greece…. can they honor their debt or will they default.  This is definately impacting the EURO and helping the Safe Haven trade.  However there is data in the U.S. being released that has the bond market uneasy ahead of the 30 Year Bond […]

Seattle Real Estate Mortgage Rates Today 4/13/11: Mortgage rates are reacting to yesterdays stock market dive of over 100 points.  This has helped to pressure rates slightly lower, however it is not MEANINGFUL yet.  Why? Because of a mediocre 10 year bond auction today which received a B- rating still does show that investors are […]

Seattle Real Estate Mortgage Rates Today 4/12/11: Uncertainty and Scary times for Japan as they have raised to the highest threat level 7 over Nuclear concerns, matching the world’s worst Nuclear Disaster of Chernobyl. This has pressured the financial markets to the U.S. “Safe Haven” boosting bonds and lowering rates today. HOWEVER with this spelling […]

Seattle Real Estate Mortgage Rates Today 4/11/11: Government avoided the Shutdown on Friday by extending funding until Thursday of this week to finalize and implement their spending budget cuts. Today the earnings season begins and will bring volatility back to the market. There are no economic reports due to be released. Later this week inflation […]

Seattle Real Estate Mortgage Rates Today 4/8/11: Attention is all focused on the Government and if they can avoid a “Shutdown.” This will impact not only government agencies but it can spill over into the mortgage world. For example FHA, VA and USDA are all government funded and underwritten loans. In the conventional world, Fannie […]

Seattle Real Estate Mortgage Rates Today 4/7/11: Government Shutdown, European Central Bank Rate Hike and another Earthquake in Japan stirring the rates today!  At the moment the stock market is hedging Government will come to an agreement to avoid Shutdown.  This has the bond market improving.  The news from Europe of the European Central Bank […]

Seattle Real Estate Mortgage Rates Today 4/6/11: U.S. Dollar Weaker and Oil Prices still moving higher pressuring Core Inflation to continue to move up. The word inflation is still spooking the market today as we are seeing signs of bonds selling off. Taking a look at the Bond page as we had forewarned in the […]

Seattle Real Estate Mortgage Rates Today 4/5/11: PIMCO “The Authority on Bonds” CEO Bill Gross hit media this morning with a comment that the U.S. debt is “Unattractive” at current levels, referring to the National Debt. The U.S. is on pace to max out the credit card by May 16th at a whopping $14.3 Trillion!!! […]