Seattle Real Estate Mortgage Rates Today 7/26/11

Seattle Real Estate Mortgage Rates Today 7/26/11.  Mortgage bonds are off to a great start this morning.  The continued delays in the resolution of the Debt Ceiling have allowed mortgage bonds to receive positive gains.  Also contributing to the positive gains is the lack of growth / profitability projections of US corporations. 

The crucial piece for today is at 10am PST is the start of the $99B in note auctions.  Today $35B in 2 year notes will be up for auction.  Depending on the demand will drive the market up or down later this morning. 

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