Month: June 2011

Seattle Real Estate Mortgage Rates Today 6/30/11.  The final day of QE2 has ended and no word or speculation of a QE3.  The Feds will continue to purchase with the proceeds of maturing debt.  Overall this week the bond market has taken quite a beating.  Poor auction results this week have led to higher interest […]

Seattle Real Estate Mortgage Rates Today 6/29/11: The end of QE2… What will happen? Greece passes bail out package. U.S. bond auction receives a “D” grade. Let’s break this all down: Quantitative Easing 2. Most economists are speculating the end of QE2 will have little impact on the market because it has already been factored in.  […]

Seattle Real Estate Mortgage Rates Today 6/28/11: The first rise in the Case Shiller home index in 8 months has the stock market trading higher which has pressured bonds to sell of moving mortgage rates slightly higher. Even with some good news from housing the market remains focused on the outcome of the vote in […]

The Feds QE2 is coming to an end this week. How will this impact the stocks and bonds?

Seattle Real Estate Mortgage Rates Today 6/24/11: Roller coaster ride in domestic and global news pushed mortgage rates all over the board this week. The continuing saga in Greece weather to bail out or not, to DO something or not…… kind of like our local government in the U.S. Sense some similarity here, well that […]

Seattle Real Estate Mortgage Rates Today 6/23/11:  As announced yesterday, the Fed Funds Rate remains unchanged. Leaving this rate as is, was pretty much expected as the economy sits in a slow economic recovery pace.  Inflation is always the enemy for the bonds.  Current inflation is close within guidelines but if inflation does increase, this […]

Seattle Real Estate Mortgage Rates Today 6/21/11: Uncertainty in Greece over the vote to pass the package to help stablize the financial structure of the country. Existing home sales beat the market expectations but slip over sales in May. And then there is Big Ben Bernanke who will be meeting with the Federal Reserve for […]

Seattle Real Estate Mortgage Rates Today 6/20/11: “Uncertainty” undoubtedly the most popular word in today’s domestic and global economy.  Uncertainty in the economic recovery of the U.S.. Uncertainty in the outcome of the financial crisis in Greece.  Uncertainty of the Euro with more countries like Spain and Portugal still ailing.  Uncertainty in the U.S. housing […]

Seattle Real Estate Mortgage Rates Today 6/17/11: Kicking the week off we started with great rates carried over from the previous week. Then on economic data of the U.S. fears of inflation once again Spooked the bond market which pressured mortgage rates higher. Problems in Europe being far from over dominated financial new on Wednesday […]

Seattle Real Estate Mortgage Rates Today 6/16/11: With concerns about the Greek debt crisis and worse than expected US economic reports, stocks were negatively affected yesterday giving bonds a boost.  This morning, however, bonds are volatile; going from flat then positive in no time at all.  Although initial Jobless Claims data and news about the […]