Seattle Mortgage Rate Today 1/7/13: “Have mortgage bond prices bottomed out?” After several days of falling mortgage bonds last week resulting from Federal Reserve members remarking that Quantitative Easing 3 should end this year, bonds are attempting to stabilize. Although stocks have climbed to an all-time high, investors cashed in their gains today as news […]
Seattle Mortgage Rates Today 1/4/13: Mortgage bonds have been on a wild ride and settled lower on yet another day. Although the Jobs Report came in at the anticipated 155,000 jobs for December, the unemployment rate still sits at 7.8%. While some may see that figure reflecting an economy that is recovering, albeit at a […]
Within the past 6 months, credit bureaus have continued to tighten up the guidelines. Some changes may or may not impact you as much but take a moment to educate yourself to maximize your credit potential when you are purchasing or refinancing real estate. Please contact us with specific questions. Don’t pay off old collection […]
Seattle Mortgage Rates Today 1/2/13: Republicans are perturbed with the “fiscal cliff” deal they settled for by a vote of 257 to 167 in the House. Although the current deal ensures no tax hikes for 98% of American families, the deal did not address entitlement spending cuts to government programs for the poor and retirees. […]
Seattle Mortgage Rates Today 12/31/12: Although talks are currently taking place regarding the fiscal cliff, still no deal has been made. These talks, however, helped stocks improve though those gains may be lost later. The market’s reaction has been positive believing that any negative impact can be mitigated way down the road. Currently, there is […]
Seattle Mortgage Rates Today 12/28/12: As we near the end of the year without a resolution to the “fiscal cliff,” global markets are being negatively affected. Stocks in the U.S. have been falling this past week giving bonds a slight uptick in prices. With no time to spare, Congress may let the tax hikes and […]
Seattle Mortgage Rates Today 12/27/12: As President Obama makes his way back to the White house today to address the “fiscal cliff,” Senate Majority Leader Harry Reid offered little hope in terms of a deal from House Republicans. With just days to the end of existing tax cuts, it seems impossible for Congress and the […]
Seattle Mortgage Rates Today 12/26/12: With just 5 days until the end of the year and the beginning of $600 billion worth of tax hikes and spending cuts, Congress has yet to come to a resolution to the “fiscal cliff.” Given the sense of urgency, President Obama has planned to cut his family time in […]
Seattle Mortgage Rates Today 12/24/12: With the fiscal cliff looming and no deal in sight, Republicans continue that the ball in the court of Senate Democrats. Interestingly, there seems to be no sense of urgency to resolve the problem. The next Senate meeting is scheduled for next Thursday; however, the House has nothing set but […]
Seattle Mortgage Rates Today 12/21/12: Although it’s not the end of the world the fiscal cliff is now looming closer than ever—perhaps, the Mayans were on to something. Republican House Speaker John Boehner could not rally enough votes form his own party to pass his fiscal cliff proposal referred to as “Plan B.” Plan B’s […]
