Seattle Mortgage Reel Breaking News: U.S. Treasury is stating that the debt ceiling of $13.3 trillion will be reached no later than May 16, 2011. This has pressured rates higher for a mid-day price change. Rates will be more volatile to news like this because of the lack of other economic data and auctions this […]
Seattle Real Estate Mortgage Rates Today 4/4/11
Seattle / Bellevue Real Estate Mortgage Rate Watch: No Auctions & No Economic Data leads to a week that may come to the benefit of Mortgage Rates. On Friday Mortgage Rates show some signs of resilience from the Unemployment Report. Although the unemployment rate ticked down slightly which would have come as good news and […]
Seattle Real Estate Mortgage Rates Today 4/1/11
Seattle / Bellevue Real Estate Mortgage Rate Watch: After the release of the Unemployment report which beat market expectations an interesting comment came from Fed President Lacker. He mentioned that the Fed’s will have a rate hike by December to control inflation. Inflation keeping in mind is the enemy of bonds and mortgage rates. This […]