Month: May 2011

Seattle Real Estate Mortgage Rates Today 5/16/11: After last weeks bond performance, Mortgage Rates have been unable to improve further. Currently bonds have reached a ceiling of resistance. As you can see on the bond chart if the bonds are unable to break through the ceiling and show consistent improvement rates do not have the […]

Seattle Real Estate Mortgage Rates Today 5/13/11:  Be safe today as this is the only Friday the 13th for 2011.  Year over year inflation numbers are up but remain well within expectations.  This has given the bond market a boost this morning.  Overall mortgage rates have remained stable this week even with poor auction results […]

Seattle Real Estate Mortgage Rates Today 5/12/11: 30 Year Bond Auctions receive a “D” grade. NOT GOOD. The bond market and mortgage rates have been on a strong rally for the past two weeks. Many on Wall Street have mentioned that the bond market has been overbought. Today mixed news has the bond market trading […]

Seattle Real Estate Mortgage Rates Today 5/11/11: Mortgage Bonds had their monthly rollover before the open of trading today, with the effect being -25bp (.25%) for the 4.0% coupon.  As the coupon “rolls over,” this month’s coupon is closed out and all new loans are placed into next month’s coupon.  Although there is no effect […]

3-Year Note receives a “B+” rating. Bonds showing a little weakness but rates are unchanged.

Seattle / Bellevue Real Estate Mortgage Rate Watch: Mortgage Rates are now testing the waters. The question is can they improve and continue the rally we are currently on OR will the reversal be triggered as sentiment on Wall Street is the bond market is overbought. There is no economic data to be released today, […]

Seattle / Bellevue Real Estate Mortgage Rate Watch: The U.S. Dollar gaining strength attracting investors to the Safe Haven trade and the U.S. Bond market, helping to continue the 16th day of Mortgage Rate improvements. Although Greece financial leaders have strongly denied they were exiting the Euro, the uncertainty is far from over. This has […]

Seattle / Bellevue Real Estate Mortgage Rate Watch: Rates are on a 15-day consecutive rally pressuring rates lower! This is great timing as we kick off the peak real estate market. Though some will disagree, the cycle of homes sold in the Seattle & Eastside markets run in their peak from March to the end […]

Seattle / Bellevue Real Estate Mortgage Rate Watch:  Local mortgage rates remain at the LOWEST levels for 2011.  If you are in position to lock a refinance or purchase transaction consider securing your long term savings in.  Here is why: The bond market has been fueled with weak economic data and many are betting on […]