We recently were told Bank of America is taking 4 months to close a refinance transaction. That is a long time to start saving money when it should take 30 – 45 days or less depending on your financial scenario.
Seattle Real Estate Mortgage Rates Today 10/27/2011
Seattle Real Estate Mortgage Rates Today 10/27/2011: The sell off in bonds continues today as Global investors look towards Europe. As optimism grows that they are heading in the right direction Europe is set to release a huge auction of $1.4 trillion (U.S. Dollars) to recapitalize their banks. With all of the renewed optimism and […]
Seattle Real Estate Mortgage Rates Today 10/26/2011
Seattle Real Estate Mortgage Rates Today 10/26/2011: Quiet day today? News out of Europe appears to be good but the market is not buying it. Mortgage Rates are unchanged from yesterday. According to the U.S. Census Bureau and the Department of Housing and Urban Development, new home sales for September climbed to 313,000. This is […]
Seattle Real Estate Mortgage Rates Today 10/25/2011
Seattle Real Estate Mortgage Rates Today 10/25/2011: Here is the equation to low Mortgage Rates: Uncertainty + Lack of Confidence = Higher Bond Prices or Lower Mortgage Rates. Yes it is coming down to this exact formula in the next 24 hours as the clock winds down in Europe’s final plan for their recovery/stability. As […]
Home Affordable Refinance Program IMPROVEMENTS 10/24/2011 to help Seattle Real Estate
Home Affordable Refinance Program IMPROVEMENTS 10/24/2011 to help Seattle Real EstateFEDERAL HOUSING FINANCE AGENCY: Breaking news that will hopefully help many home owners who were unable to refinance underwater values. With these new changes a homeowner would no longer have a loan to value restriction on their ability to refinance. Lenders currently will not allow […]
5 STAR REVIEWS on YELP.com!
5 STAR REVIEWS on YELP.com! Over TWENTY 5-Star Reviews on Yelp.com has Team Mortgage Reel moving quickly to the top referred Mortgage Lending Team in Seattle & Bellevue. We have to thank our current and past clients for finding true value in our services and education we provide. We stand committed to providing transparency in […]
Seattle Real Estate Mortgage Rates Today 10/21/2011
Seattle Real Estate Mortgage Rates Today 10/21/2011: QE3, Europe, Bank of America, Treasuries vs. Bonds and the housing recovery? Crazy talk of QE3 are still coming out of the Federal Reserve from one of the Fed Governor’s Daniel Tarullo. DANIEL are you serious! The IMF just this week in very loose terms said that Quantitative […]
Seattle Real Estate Mortgage Rates Today 10/19/2011
Seattle Real Estate Mortgage Rates Today 10/19/2011: Europe is again moving the mortgage bonds up and down, impacting consumer rates. If Europe has a final resolution to the financial crisis, expect mortgage rates to increase. Even if positive news is rumored in Europe, mortgage rates have slightly trended higher. If you are on the short […]
Seattle Real Estate Mortgage Rates Today 10/17/2011
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 […]