Seattle Real Estate Mortgage Rates Today 10/28/10
Seattle / Bellevue Real Estate Mortgage Rate Watch: Have we hit the bottom? After five consecutive days of the bond market selling off pressuring mortgage rates higher, for today it looks like we have hit a floor of resistance. We mentioned in the days prior of profit taking in the bond market, when bonds sell off due to profit taking yields move higher for home owners this translates to mortgage rate being pressured higher. Still all eyes and ears are pointed to the comments and strategies of the Federal Reserve on November 3rd.
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