Seattle Mortgage Reel Breaking News: U.S. Treasury is stating that the debt ceiling of $13.3 trillion will be reached no later than May 16, 2011. This has pressured rates higher for a mid-day price change. Rates will be more volatile to news like this because of the lack of other economic data and auctions this […]
Seattle Real Estate Mortgage Rates Today 4/4/11
Seattle / Bellevue Real Estate Mortgage Rate Watch: No Auctions & No Economic Data leads to a week that may come to the benefit of Mortgage Rates. On Friday Mortgage Rates show some signs of resilience from the Unemployment Report. Although the unemployment rate ticked down slightly which would have come as good news and […]
Seattle Real Estate Mortgage Rates Today 4/1/11
Seattle / Bellevue Real Estate Mortgage Rate Watch: After the release of the Unemployment report which beat market expectations an interesting comment came from Fed President Lacker. He mentioned that the Fed’s will have a rate hike by December to control inflation. Inflation keeping in mind is the enemy of bonds and mortgage rates. This […]
Seattle Real Estate Mortgage Rates Today 3/31/11
Seattle / Bellevue Real Estate Mortgage Rate Watch: Mortgage Rates are unable to make a meaningful gain today ahead of the Unemployment Report tomorrow. Yesterday rates received a boost from Initial Jobless claims, BUT looking at the snapshot today all early gains were lost. Here is our take on the report tomorrow. Should the Unemployment […]
Seattle Real Estate Mortgage Rates Today 3/30/11
Seattle / Bellevue Real Estate Mortgage Rate Watch: This morning at 10am PST will be the 7 year note auction totaling $29B. The previous two auctions for the 2yr and 5yr both received about a “C” grade. The 7yr could create a higher yield because of the long term risk. Stay tuned as we will […]
Seattle Real Estate Mortgage Rates Today 3/29/2011
Seattle / Bellevue Real Estate Mortgage Rate Watch: “Safe Haven” trade continues its sell off, all attention has now turned to domestic news in the Unites States. The Fed’s are in the spotlight once again as two Fed Presidents have been vocal in the media with their thoughts on the next actions of the Federal […]
Seattle Real Estate Mortgage Rates Today 3/28/2011
Seattle / Bellevue Real Estate Mortgage Rate Watch: Lack of News from Japan and the Middle East has investors moving out of the U.S. “Safe Haven” trade. This is pressuring rates higher at moment. The 2 year note auction this morning at 10:00 AM PT reported with C+ ratings Not Good / Not Bad, not […]
Seattle / Bellevue Home Owner Education 101 – Fannie Mae & Freddie Mac Changes
Seattle / Bellevue Home Owner Education 101 – Fannie Mae & Freddie Mac Changes: Buyers, Sellers, Investors and Refinancing all affected by the newest changes just rolled out by Fannie Mae & Freddie Mac. How does this affect you? Can this really cost thousands? How much more will it cost me? Are there other options? […]
Mortgage Reel: Treasury eyes plan for smaller-scale Fannie, Freddie Floats menu of reform options, calls for hikes in guarantee fees
Interactive Data Treasury eyes plan for smaller-scale Fannie, Freddie Floats menu of reform options, calls for hikes in guarantee fees By Ronald D. Orol, MarketWatch Last Update: 11:47 AM ET 2/11/11 WASHINGTON (MarketWatch) — A large portion of Fannie Mae and Freddie Mac should be wound down over time and the fees that the troubled […]
Seattle Real Estate Market gets national air-time by Diana Olick, CNBC Special
Diana Olick, Home Realty Check on CNBC, travels to Seattle to do a live report on what unique opportunities we have to offer. “Seattle DOES NOT Rank in the top 100 cities for foreclosure” The current Median Home Price has declined from $365,000 to $285,000 $285,000 $365,000 Median Home Price, Unemployment at 8.8% under the […]