Year: 2011

Seattle / Bellevue Real Estate Mortgage Rate Watch: Japan continues to feel the aftershock of the Tsunami and its devastation. Here in the U.S., the bond market is on close Watch. Why? Going back in history, Kobe, Japan 1995, a major earthquake shook the country. At that time in order to rebuild Japan had to […]

Seattle / Bellevue Real Estate Mortgage Rate Watch: We send our thoughts and prayers to those affected by the earthquakes and Tsunami in Japan. The market is all over the board today. Bonds are being pressured higher. In what normally would cause investors to seek the U.S. “Safe Haven” during a natural disaster, we see […]

Seattle / Bellevue Real Estate Mortgage Rate Watch: 30 Year Bond Auction A+ rating and no rate improvement? Why? Today Jobless Claims came in lower than expected which should be good for the bonds, BUT no movement. A+ 30 year bond auction which should be good for bonds, but no movement. Oil prices fall good […]

Rates getting a boost today after a SOLID A rating which should help to pressure rate to improve.  Still waiting for lender reaction which should soon.  The Mortgage Market needed these results today to maintain and stabilize at the current rates.

Seattle / Bellevue Real Estate Mortgage Rate Watch: No economic data, all attention on today’s 10 Year note auction at 10:00 AM PT. Looking back at yesterday with a mediocre result from the auction results and a warning of INFLATION spooked the market and prices worsened mid-day.  Today we are hopeful for the 10 Year […]

Seattle / Bellevue Real Estate Mortgage Rate Watch: Geither states the economy is improving and better than several months ago.  Allies of Gadaffi rumor a plan his exit.  Both reports are shifting investors out of the U.S. Safe Haven pressuring bonds & mortgage rates to tick up higher.  Dow Jones has jumped over 140 points […]

Seattle / Bellevue Real Estate Mortgage Rate Watch: Gadaffi’s Power and Rumors of Leaving stirring the pot as OIL continues its spike in prices.  As the price per barrel continues to rise the concern here in the U.S. is Core Inflation.  Core Inflation is rising sharply in all goods that we buy everyday.  Groceries, clothing, […]

Seattle / Bellevue Real Estate Mortgage Rate Watch: Unemployment Rate Drops! Economic Recovery continues, BUT rates IMPROVE. That is against reason.  Lets break it down.  The Unemployment Rate drops from the previous months reading of 9.0% to 8.9% which is great news for the economic recovery.  This would come as bad news to bonds as […]