Seattle Real Estate Mortgage Rates Today 6/15/11: Inflation heating up again on data from the Consumer Price Index largest monthly increase in three years. This is another BAD report for Bonds, BUT, problems and growing concerns in the EURO have investors moving to the U.S. Safe Haven trade. Why? Greece still having severe financial problems […]
Seattle Real Estate Mortgage Rates Today 6/14/11
Seattle Real Estate Mortgage Rates Today 6/14/11: Highly suspect of our post yesterday. INFLATION no matter where it shows up has a NEGATIVE impact on the Bond market and pressures Mortgage Rates HIGHER. Even though Retail Sales in the U.S. beat the market expectations it is news from over seas in China that has the […]
Seattle Real Estate Mortgage Rates Today 6/13/11
Seattle Real Estate Mortgage Rates Today 6/13/11: Mortgage Rates are receiving some support today on the weakness in the Dow Jones. Looking ahead into the week economic data will once again bring volatility to the market. The market will look for any signs of INFLATION that spark from the numbers. Tomorrow we kick off the […]
Seattle Real Estate Mortgage Rates Today 6/10/11
Seattle Real Estate Mortgage Rates Today 6/10/11: The question of global economic slow down has pressured mortgage rates to move higher at the close of this week. Yesterdays poor 30 Year Bond auction prompted a sharp sell off spiking bond prices higher reflecting in higher rates yesterday. That same pattern is continuing today. Looking ahead […]
$13B in 30 Year Bonds
$13B in 30 year bond auction results are weaker then expectations. This leads to a weaker bond market!
Seattle Real Estate Mortgage Rates Today 6/9/11
Mortgage rates worsen overnight, the bonds upward trend finally snapped. Today the 30yr auction is set for 10am, this will be a crucial indicator for seattle interest rates this afternoon! Stay tuned!
Seattle Real Estate Mortgage Rates Today 6/8/11
Seattle Real Estate Mortgage Rates Today 6/8/11: Mortgage Rates received positive news yesterday from a SOLID short term auction of a “B” rating and Ben Bernanke being perceived in his speech as a Dove on Inflation. Just announced todays 10 Year Note auction received another SOLID “B” rating which is helping to boost the bond […]
Seattle Real Estate Mortgage Rates Today 6/7/11
Seattle Real Estate Mortgage Rates Today 6/7/11: Mortgage bonds open this morning lower than yesterday’s close. The $32B 3yr note auction today received a “B” grade, that has helped the bonds improve. If bond continue to strengthen and bounce higher from the floor of support, a minimal price improvement can be possible. Fed President Richard […]
Seattle Real Estate Mortgage Rates Today 6/6/11
Seattle Real Estate Mortgage Rates Today 6/6/11: Mortgage Rates are being pressured to move slightly higher starting off the new week. Any movement today will come from reactions in stocks. However looking further into the week Wednesday and Thursday could be market movers. Wednesday kicks off with the Fed Beige Book release which the market […]
Seattle Real Estate Mortgage Rates Today 6/3/11
Seattle / Bellevue Real Estate Mortgage Rate Watch: After a positive start this morning rates have moved into the red loosing the big gains seen earlier this week on Tuesday. Even though the economy is producing sluggish data the money from the stock market has slowed from moving into the bond market. Part of this […]