Seattle Real Estate Mortgage Rates Today 10/17/2011: German Chancellor Angela Merkel, implied in a statement shortly after the G-20 meeting. Don’t expect a quick fix in Europe, and those that do….. are dreaming. This has been our stance since the beginning of the joy ride the global market has been on since Greece hit the […]
Seattle Real Estate Mortgage Rates Today 10/13/2011
Seattle Real Estate Mortgage Rates Today 10/13/2011: Mortgage Rates receive some much needed support after moving higher SIX consecutive days in a row. What was the contributing factor. The 30 Year Bond Auction received an “A” rating after the 10Year yesterday flopped with a “D-” rating. The key question still remains what will happen in […]
USDA FINANCING UPDATES 10/1/2011
As of October 1, 2011 changes have been made to USDA financing. USDA financing does provide 100% financing for homes in rural areas.
Seattle Real Estate Mortgage Rates Today 10/12/2011
Seattle Real Estate Mortgage Rates Today 10/12/2011: RATES are on the MOVE….. HIGHER. Bad bond auction result on the 10 Year with a “D-” grade, Europe showing signs of improvement as investors move out of the U.S. Safe Haven and the Stock Market gaining strength. This all has negative impacts on Mortgage Rates. Why? When […]
Seattle Real Estate Mortgage Rates Today 10/11/2011
Seattle Real Estate Mortgage Rates Today 10/11/2011: “Greece is the word” not from the era of John Travolta but the country. All eyes are on how their financial system will recapitalize their banks. The global consensus is optimistic right now. Keep in mind this directly ties to the U.S. Safe Haven trade. Should the reports […]
Seattle Real Estate Mortgage Rates Today 10/6/2011
Seattle Real Estate Mortgage Rates Today 10/6/2011: Jobs, Jobs, Jobs, all eyes are on the Jobs report tomorrow. Most of the market has already built in what the jobs report may reveal. Most are expecting the report to be non eventful at best. But to note we are entering a cyclical time where retail may […]
Seattle Real Estate Mortgage Rates Today 10/5/2011
Seattle Real Estate Mortgage Rates Today 10/5/2011: As we mentioned yesterday, the EU was brainstorming ideas of how to recapitalize the banks. This positive news pushed stocks higher in the final hour of trading yesterday afternoon. Financially stable EU countries like Germany and France continue with their support in ensuring that the Euro is intact […]
Seattle Real Estate Mortgage Rates Today 10/4/2011
Seattle Real Estate Mortgage Rates Today 10/4/2011: What does Fed Chairman Bernanke have to say now? Chairman Bernanke is scheduled to speak to Congress at 7am PST today. As we all know, the market is always influenced by anything he says; his last speech on September 21st ringed of pessimism and pushed stocks down almost […]
Home Affordable Refinance Program “HARP” Lender Options
Home Affordable Refinance Program aka HARP. The opportunity to refinance up to 125% of your current home value.