Year: 2011

Seattle / Bellevue Real Estate Mortgage Rate Watch: Jobless Claims Lower, Signs of Improvement in Employment, Peace Talks in Middle East & the Fed Beige Book.  RECIPE for market mover in rates.  Lets begin with the Fed Beige book yesterday.  The insight of it was INFLATION is rearing its ugly head which is the arch […]

Rates are moving HIGHER reacting to the Fed Beige Book which unveiled guess what???? Concerns over INFLATION which directly spooked the bond markets and pushed rates higher.

Seattle / Bellevue Real Estate Mortgage Rate Watch: Rates will remain low for an “extended period” from Big Ben Bernanke today closing the second day in front of the Senate Finance Committee.  Big Ben also stood firm that Quantitative Easing 2 will not be scaled back and will be fully injected into the economy. QE2 […]

Seattle / Bellevue Real Estate Mortgage Rate Watch: How much money do YOU owe if big government said YOU have to help pay off the National Debt?  WAIT not just adults, MEN & WOMEN, every single CHILD also……. Ready….. $45,300.  Disgusting!  I am not okay with that. Tensions in the Middle East are far from […]

Seattle / Bellevue Real Estate Mortgage Rate Watch: No Auctions! We have a week off from the crazy volatility.  The Crisis in the Middle East continues to dominate news in the financial world as everything is being impacted by the questions surrounding OIL and how it will impact the U.S. recovery.  It is clear now […]

Seattle / Bellevue Real Estate Mortgage Rate Watch: GREAT JOB BOEING!!! Thousands of jobs will be maintained and created here in Washington! We are on our 12th consecutive day of rates showing signs of improvement, BUT (sorry) this could be short lived.  Why? The concern right now lies in the Crisis in the Middle East. […]

Seattle / Bellevue Real Estate Mortgage Rate Watch: Continued conflicts in the Middle East continue push investors into the U.S. Safe Haven.  Treasuries and Bonds have been the beneficiaries which are helping mortgage rates slowly lower.  What should be the total opposite right now with better than expected news coming from the Initial Jobless Claims […]

Seattle / Bellevue Real Estate Mortgage Rate Watch: Crisis in Middle East continues to dominate news, impacting gas and mortgage rates locally.  As the world watches the Crisis in the Middle East escalate especially in Libya.  We as a dependent country on OIL cringe as gas is being pressured higher by the minute.  Today OIL […]

Seattle / Bellevue Real Estate Mortgage Rate Watch: Ben Bernanke under fire again. Paris, Big Ben faces 20 Financial Leaders of the largest economies around the globe. Criticized heavily for Quantitative Easing 2, $600 Billion Stimulus plan and how it has impacted foreign economies with inflation.  Mr. Bernanke was quick to say that the blame […]

Seattle / Bellevue Real Estate Mortgage Rate Watch: Inflation & Jobs serve a mixed bag for the economy, BUT for RATES it was GOOD NEWS.  Rates breaking even from the losses before the close of market yesterday.  WHY? Inflation readings came in higher than expected levels but the Initial Jobless Claims  came in higher disappointing […]