Year: 2011

Seattle Real Estate Mortgage Rates Today 10/12/2011: RATES are on the MOVE….. HIGHER. Bad bond auction result on the 10 Year with a “D-” grade, Europe showing signs of improvement as investors move out of the U.S. Safe Haven and the Stock Market gaining strength. This all has negative impacts on Mortgage Rates. Why? When […]

Seattle Real Estate Mortgage Rates Today 10/11/2011: “Greece is the word” not from the era of John Travolta but the country. All eyes are on how their financial system will recapitalize their banks. The global consensus is optimistic right now. Keep in mind this directly ties to the U.S. Safe Haven trade. Should the reports […]

Seattle Real Estate Mortgage Rates Today 10/6/2011: Jobs, Jobs, Jobs, all eyes are on the Jobs report tomorrow.  Most of the market has already built in what the jobs report may reveal.  Most are expecting the report to be non eventful at best.  But to note we are entering a cyclical time where retail may […]

Seattle Real Estate Mortgage Rates Today 10/5/2011:  As we mentioned yesterday, the EU was brainstorming ideas of how to recapitalize the banks.  This positive news pushed stocks higher in the final hour of trading yesterday afternoon.  Financially stable EU countries like Germany and France continue with their support in ensuring that the Euro is intact […]

Seattle Real Estate Mortgage Rates Today 10/4/2011:  What does Fed Chairman Bernanke have to say now? Chairman Bernanke is scheduled to speak to Congress at 7am PST today.  As we all know, the market is always influenced by anything he says; his last speech on September 21st ringed of pessimism and pushed stocks down almost […]

Seattle Real Estate Mortgage Rates Today 9/29/11:  Is Germany stepping up to the plate?  To assist Euro member countries access capital, Germany voted in support of expanding the European Financial Stability Facility (EFSF) yesterday.  It’s obvious that Germany is willing to help countries in debt avoid defaulting thus mitigating any threat to the EU.  Although […]

Seattle Real Estate Mortgage Rates Today 9/27/11: Pain relieving measures for Europeandebt? European leaders announced late yesterday about implementing a Special Purpose Vehicle (SPV).This SPV would issue much needed bonds and buy European debt to quarantine the current crisis in theregion. This slightly positive news encouraged investors to move into stocks departing the safe haventrade […]

Seattle Real Estate Mortgage Rates Today 9/26/11:  European Central Bank to the rescue?  The ECB may be mulling over the idea of another round of covered bonds—bonds that are assets backed by public sector loans or mortgages— to assist in injecting some liquidity in the marketplace and encourage lenders to hand their money out.  You […]