Seattle Mortgage Rates Today 8/20/12: With not much to report today, let’s visit the crisis still plaguing Europe. The European Central Bank is deliberating some sort of proposal which would attempt to contain bond yields as they are rising out of control. Some believe this would buy some time to execute a plan to grow […]
Seattle Mortgage Rates Today 8/17/12: “Mortgage Bonds, you’re our only hope.” After 9 straight days of losses, mortgage bonds have started their climb upward starting yesterday. Mortgage bonds continued to break through support levels; it seemed there was no stopping its fall. Well, bonds are currently at the support of the 100-day Moving Average. If […]
Seattle Mortgage Rates Today 8/16/12: “Seriously, what is going on?!” This will be short and to the point. Rates have definitely made their way down to the proverbial depths of “insert appropriate place here.” Interestingly, rates and prices have worsened today; however, mortgage bonds actually opened higher this morning. Why didn’t we see prices improve […]
We are honored to be recognized as the top Seattle Mortgage Broker, rated by real people – our clients – your neighbors. Thank you to our clients for allowing us to assist you with your real estate financing needs. Before you begin working with a lender we would like to apply as your Mortgage Professional. […]
Seattle Mortgage Rates Today 8/15/12: “Uh, can somebody tell me what’s going on here?!” We’ll keep this short and to the point. Mortgage bonds have been on a losing streak for the past 9 days beginning with the unexpectedly high Jobs Report on August 3rd. That was the beginning of the downfall. Although Europe is […]
Seattle Mortgage Rates Today 8/13/12: “Next on the auction block, Spanish and Italian bonds!” As the debt crisis continues to worsen, some are hopeful that the European Central Bank (ECB) will feel compelled to purchase Spain and Italy’s debt in order to mitigate the ongoing crisis. The hope Europeans are experiencing may be false. A […]
Seattle Mortgage Rates Today 8/10/12: “What goes down must come up!” Indeed. With evidence that the global economy continues to slow, mortgage bonds have begun their upward trend today. The demand for global imports is also slowing which was validated by China’s weak export numbers. Global investors are putting their money into the relatively safe […]
Seattle Mortgage Rates Today 8/9/12: “If only I had a crystal ball…” Now in our 5th day in the downward trend in mortgage bonds, they are attempting to hold after yesterday’s despicable 10-year note auction. Today’s auction of $16billion in 30-year bonds will be another litmus test for the next reaction to bond prices. If […]
Press Release FOR IMMEDIATE RELEASE Team Mortgage Reel Receives 2012 Best of Bellevue Award Bellevue Award Program Honors the Achievement BELLEVUE August 1, 2012 — Team Mortgage Reel has been selected for the 2012 Best of Bellevue Award in the Mortgage Brokers category by the Bellevue Award Program. Each year, the Bellevue Award Program identifies […]
Seattle Mortgage Rates Today 8/8/12: While there is not much to report on the mortgage bond forefront, yesterday’s 3- year Treasury note auction did not bid so well. Today’s 10-year Treasury auction performed even worse. Bonds will continue on their downward spiral and expect to see worsening in not just price, but rates. This trend […]
