Seattle Real Estate Mortgage Rates Today 5/25/11 + “Tip of the Day”: The 5 Year note auction today received an “A” Rating which helped the mortgage market stabilize from some early market losses. Today rates are flat comparing to yesterday. Tomorrow will bring another round of auctions plus some economic data that may stir up […]
Seattle Real Estate Mortgage Rates Today 5/24/11 + “Tip of the Day”
Seattle Real Estate Mortgage Rates Today 5/24/11 + “Tip of the Day”: Bonds receive a B+ grade after auctions of $35 Billion in 2 year notes. This is helping to pressure interest rates lower gaining ground lost in yesterdays trading. New Home Sales reported better than market expectations, but still facing headwind of the never […]
Seattle Real Estate Mortgage Rates Today 5/23/11
Seattle Real Estate Mortgage Rates Today 5/23/11: The U.S. dollar gaining strength and financial problems in Europe has the market questioning the stability of Greece. As it has been know for quite some time now, Greece, Italy, Spain and Portugal have been ailing from Debt. Today more concerns are arising from Greece which can spill […]
Seattle Real Estate Mortgage Rates Today 5/20/11 + “Tip of the Day”
Seattle Real Estate Mortgage Rates Today 5/20/11 + “Tip of the Day”: Mortgage Rates remain unchanged today with no economic data being released. The stock market will play a major role today, any weakness in stocks may come to the benefit of mortgage rates. Next week volatility will return with economic data and Treasury auctions […]
Seattle Real Estate Mortgage Rates Today 5/19/11 + “Tip of the Day”
Seattle Real Estate Mortgage Rates Today 5/19/11 + “Tip of the Day”: Bond markets trying to stabilize after yesterdays market sell off. Today rates are holding after a better than expected Initial Jobless Claims Report. Existing home sales fell month over month attributed by more foreclosures and short sales, BUT keep in mind this is […]
Seattle Real Estate Mortgage Rates Today 5/18/11
Seattle Real Estate Mortgage Rates Today 5/18/11: Mortgage Rates are mixed after the FOMC minutes released today. Bonds are in the midst of profit taking which right now is pressuring bonds to tick up slightly. We have spoken frequently about the ceiling of resistance in bonds and how this translates to interest rate pressures. Keep […]
Seattle Real Estate Mortgage Rates Today 5/17/11 + “Tip of the Day”
Seattle Real Estate Mortgage Rates Today 5/17/11 + “Tip of the Day”: Mortgage Rates getting a bump lower today from a recent increase in purchases from banks like JP Morgan who increased it Mortgage Backed Security holdings by 10%. In a slower economic recovery banks have to put their money to work and right now […]
Seattle Real Estate Mortgage Rates Today 5/16/11
Seattle Real Estate Mortgage Rates Today 5/16/11: After last weeks bond performance, Mortgage Rates have been unable to improve further. Currently bonds have reached a ceiling of resistance. As you can see on the bond chart if the bonds are unable to break through the ceiling and show consistent improvement rates do not have the […]
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 […]
Seattle Real Estate Mortgage Rates Today 5/12/11
Seattle Real Estate Mortgage Rates Today 5/12/11: 30 Year Bond Auctions receive a “D” grade. NOT GOOD. The bond market and mortgage rates have been on a strong rally for the past two weeks. Many on Wall Street have mentioned that the bond market has been overbought. Today mixed news has the bond market trading […]