Year: 2011

Seattle Real Estate Mortgage Rates Today 11/10/11:  How attractive are mortgage rates today?  Almost as good as they looked yesterday after the huge selloff to the stock market because of the struggles in Italy.  Today fortunately good for the US economy is the jobless claims report.  The number reported (390,000) was actually below expectations of […]

Seattle Real Estate Mortgage Rates Today 11/9/11: ITALY is taking the lead now over Greece in media…. Who Cares? Well the market does, early this morning the Stock Market once again sold off on Uncertainty.  The Bond market and Mortgage Backed Securities benefitted on the growing concerns in Europe’s financial system. However just as fast […]

Seattle Real Estate Mortgage Rates Today 11/8/11: Good news and bad news. This is what it comes down to and will impact the market over the next four months. Why? Investors are HIGHLY active right now and are trading aggressively on any news that can boost stock market prices. Across the board there is chatter […]

Seattle Real Estate Mortgage Rates Today 11/7/11: Greece continues to dominate news headlines……. BUT so much for Greece as they figure out what they will do, news is turning now to Italy.  Yes, Italy where the same “financial woes” are just unfolding.  Italy will soon headline the global financial drama.  But let’s not forget about […]

US unemployment rate improves to the 9.0%, not a huge improvement but slowly improving. As jobs struggle, the US economy will continue to slump. Mortgage rates managed to hold strong in these volatile times but read the post for more info!

Seattle Real Estate Mortgage Rates Today 11/3/11: Attention is still on Greece, the stock market is back on the wagon and Mortgage Rates are ticking higher. All on hype! Yes that is it, all hype, the problems in the Euro are far from over and will continue to headline news for months to come. They […]

Bellevue / Seattle Real Estate Mortgage Rate Watch 11/2/11: The “FED” has spoken! NO Quantitative Easing!!! YES!!! What did the FED have to say? Almost the same as the last meeting, leaving rates unchanged and Inflation subdued.  They also re-affirmed that they will continue to invest in Mortgage Backed securities, which is a plus for […]

European financials just got worse! Italy is showing weak signs similar to Greece that can benefit the US bonds. Mortgage rates are improving but we still need to get above the 50 day average to see true price improvements.

Mortgage rates drop with the stock sell off, controlled inflation reading, and lack of confidence in the Euro markets. Continue to follow as next week is the 2 day FED Meeting.