Seattle Mortgage Rates Today 2/3/12

Seattle Mortgage Rates Today 2/3/12:  US employers substantially increased hiring in January 2012 with expectations around 150,000 jobs but blew that out creating 243,000 jobs.  This is a continued hot streak for hiring with December adding 203,000 jobs and having both November / December reports revised for improvements. This has led to the lowest unemployment […]

Seattle Real Estate Mortgage Rates Today 1/23/12

Seattle Real Estate Mortgage Rates Today 1/23/12: Existing-home sales for December 2011 increased 5% from November. This is the third consecutive month of increases and the second highest reading of 2011. The December level was also 3.6% above December 2010, and as a whole, existing-home sales were up 1.7% from 2010. Total housing inventory dropped 9.2% […]

Seattle Real Estate Mortgage Rates Today 12/21/2011

Seattle Real Estate Mortgage Rates Today 12/21/2011 Housing and Unemployment have been tested and proven, the two most important variables that impact the economic recovery of the United States.  Though the numbers are not staggering it does show signs of improvement.  Less than 18 months ago unemployment hit its all time highs and housing numbers […]

Seattle Real Estate Mortgage Rates Today 12/14/2011

Seattle Real Estate Mortgage Rates Today 12/14/2011: What happened at the Fed meeting yesterday? Not much. There was not much change to yesterday’s Fed announcement; however, they did concede and are quite cognizant that significant risks to the economic outlook are exacerbated by straining global financial markets. Stocks were negatively affected without the mention of […]

Seattle Real Estate Mortgage Rates Today 12/13/2011

Seattle Real Estate Mortgage Rates Today 12/13/2011:  What’s happening today?  Today the members of the Fed will convene for the Federal Open Market Committee Meeting to discuss monetary policy.  With the current economic state, there is no intention of raising the Federal Funds Rate which is currently at 0%-.25%.  Obviously when discussing the economy, the […]