Seattle Mortgage Rates Today 2/29/12: What ensued after the ECB’s LTRO? Yesterday’s post mentioned that the first Long Term Refinance Operation (LTRO) administered by the European Central Bank (ECB) was viewed somewhat negatively as it revealed lingering problems. The ECB surprised economists when they dispersed 60B Euros more than the expected 470B Euros that banks […]
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Seattle Mortgage Rates Today 2/28/12
Seattle Mortgage Rates Today 2/28/12: Mortgage Bonds are benefitting with the report that consumer goods lasting more than 3 years came in much lower than expected. However, varied news out of Europe is mitigating any significant gains. Reporting for economic confidence for the month of February came in above expectations in the European Union. Superficially, […]
#1 on YELP for Seattle Real Estate!
A very special thank you to our clients who continue to YELP about us with 5 star honors! If you are considering a Mortgage, before looking any further please allow us the opportunity to understand your goals. We have a daily tested commitment of BEATING THE BANKS in Mortgage Rates and Closing Costs. Connect with […]
Seattle Mortgage Rates Today 2/27/12
Seattle Mortgage Rates Today 2/27/12: After the G-20 Summit this past weekend, it was decided that the international community will not offer any aid to the European Union. The EU needs to commit its own money in building a necessary firewall to contain the ongoing debt crisis. As the most financially stable country in the […]
Seattle Mortgage Rates Today 2/8/12
Seattle mortgage rates today 2/8/12: Today’s 10yr note auction received a “B+” today. This has helped provide a small improvement to the bonds, but overall mortgage rates remain the same. No economics news is due out for today, so it should remain a pretty quiet afternoon. Greece postponed the debt solution announcement yesterday. Final details […]
Seattle Mortgage Rates Today 2/7/12
Seattle Mortgage Rates Today 2/7/12: Greece’s Government is currently working/negotiating a budget that is needed before March 20, 2012. Greek Prime Minister Lucas Papademos will provide a statement on the outcome of the budget. Depending on the agreement for the aid, this will help or hurt the US bond market. The Treasury auctioned off $32B […]
Seattle Mortgage Rates Today 2/3/12
Seattle Mortgage Rates Today 2/3/12: US employers substantially increased hiring in January 2012 with expectations around 150,000 jobs but blew that out creating 243,000 jobs. This is a continued hot streak for hiring with December adding 203,000 jobs and having both November / December reports revised for improvements. This has led to the lowest unemployment […]
Seattle Real Estate Mortgage Rates Today February 1, 2012
Seattle mortgage rates today are close to the lowest levels for 2012. IF you are on the short term meaning you are in a purchase contract or refinancing, now might be the best time to secure your interest rate. Each home buyer or owner’s financial scenario is different so please check with us if you […]