Month: July 2011

Mortgage Rates are near 2011 low levels! As a home buyer or owner looking at refinancing, now is a great opportunity to secure long term savings through real estate.

Mortgage bonds continue to ride the roller coaster moving interest rates up and down. The unsettled business of the US Debt Ceiling, short term note auctions, and foreign news have all contributed to this unstable ride.

Continued volatility to consumer mortgage rates this week with unsettled business on the US Debt Ceiling and Note Auctions taking place in the next 3 days.

Despite what MEDIA states, mortgage rates remain FAR below average and now is the time to take advantage. Local housing will strengthen with local powerhouse companies such as Boeing winning huge contracts to increase business over the next decade. Relocation companies project an increase in business as they bring top talent to the local area.

Local Seattle mortgage rates continue the up and down cycle. Continue to track the trends with us on Facebook at “How to Beat the Banks.” Make sure to “LIKE” us!

Seattle Real Estate Mortgage Rates Today 7/18/11: Where is our summer? That is the same tune the U.S. is asking about foreign investor who at this time last year were major investors. As of right now China is the largest investor at $1.16 trillion of our debt….. Freakish number isn’t it, this is why on […]

Seattle Real Estate Mortgage Rates Today 7/15/11: Suspense, frustration and debate continue to loom over the White House as congress is still divided on the debt ceiling increase. Clearly it must be raised but there must also be a plan in place. Moody’s bond rating firm continues to pressure the U.S. government with challenges in […]

Seattle Real Estate Mortgage Rates Today 7/14/11: After BIG Ben Bernanke hit the floor yesterday answering question for Congress Wall Street reacted favorably to the possibility of another stimulus, QE3!!!  Then today he is not retreating from the possibilities of QE3.  The Fed stands to do what it takes to help the economy but QE3 […]

Bernanke spoke today on Capitol Hill regarding the slow decrease in unemployment along with positive projections for economic growth. QE3 was mentioned as a possibility, that has not been ruled out. How does this impact mortgage rates?