Seattle Real Estate Mortgage Rates Today 5/13/11
Seattle Real Estate Mortgage Rates Today 5/13/11: Be safe today as this is the only Friday the 13th for 2011. Year over year inflation numbers are up but remain well within expectations. This has given the bond market a boost this morning. Overall mortgage rates have remained stable this week even with poor auction results mid-week.
As bonds improve, the stock market has pulled back down over 100pts and oil has also down over $1.
Timing is everything just as the location of your home. The bond market is again facing a ceiling of resistance. This could lead to a strong price improvement if the market does not pull back. Timing in securing an interest rate, BEST rate, is working with a mortgage professional who has their pulse on the market and when best to advise and educate their clients when timing is right. Along with this key knowledge is to be on top of all of the lending and underwriting changes which seem to almost happen daily. We at the Mortgage Reel are Licensed Washington Loan Originators, serving clients with transparency, knowledge and most importantly keeping your goals in mind. How can we assist you today?