Category: Seattle Mortgage Rates

Seattle Real Estate Mortgage Rates Today 6/23/11:  As announced yesterday, the Fed Funds Rate remains unchanged. Leaving this rate as is, was pretty much expected as the economy sits in a slow economic recovery pace.  Inflation is always the enemy for the bonds.  Current inflation is close within guidelines but if inflation does increase, this […]

Seattle Real Estate Mortgage Rates Today 6/21/11: Uncertainty in Greece over the vote to pass the package to help stablize the financial structure of the country. Existing home sales beat the market expectations but slip over sales in May. And then there is Big Ben Bernanke who will be meeting with the Federal Reserve for […]

Seattle Real Estate Mortgage Rates Today 6/20/11: “Uncertainty” undoubtedly the most popular word in today’s domestic and global economy.  Uncertainty in the economic recovery of the U.S.. Uncertainty in the outcome of the financial crisis in Greece.  Uncertainty of the Euro with more countries like Spain and Portugal still ailing.  Uncertainty in the U.S. housing […]

Seattle Real Estate Mortgage Rates Today 6/17/11: Kicking the week off we started with great rates carried over from the previous week. Then on economic data of the U.S. fears of inflation once again Spooked the bond market which pressured mortgage rates higher. Problems in Europe being far from over dominated financial new on Wednesday […]

Seattle Real Estate Mortgage Rates Today 6/16/11: With concerns about the Greek debt crisis and worse than expected US economic reports, stocks were negatively affected yesterday giving bonds a boost.  This morning, however, bonds are volatile; going from flat then positive in no time at all.  Although initial Jobless Claims data and news about the […]

Seattle Real Estate Mortgage Rates Today 6/15/11: Inflation heating up again on data from the Consumer Price Index largest monthly increase in three years. This is another BAD report for Bonds, BUT, problems and growing concerns in the EURO have investors moving to the U.S. Safe Haven trade. Why? Greece still having severe financial problems […]

Seattle Real Estate Mortgage Rates Today 6/14/11: Highly suspect of our post yesterday.  INFLATION no matter where it shows up has a NEGATIVE impact on the Bond market and pressures Mortgage Rates HIGHER.  Even though Retail Sales in the U.S. beat the market expectations it is news from over seas in China that has the […]

Seattle Real Estate Mortgage Rates Today 6/13/11: Mortgage Rates are receiving some support today on the weakness in the Dow Jones. Looking ahead into the week economic data will once again bring volatility to the market.  The market will look for any signs of INFLATION that spark from the numbers.  Tomorrow we kick off the […]

Seattle Real Estate Mortgage Rates Today 6/10/11: The question of global economic slow down has pressured mortgage rates to move higher at the close of this week. Yesterdays poor 30 Year Bond auction prompted a sharp sell off spiking bond prices higher reflecting in higher rates yesterday. That same pattern is continuing today. Looking ahead […]

$13B in 30 year bond auction results are weaker then expectations. This leads to a weaker bond market!