Seattle / Bellevue Real Estate Mortgage Rate Watch: Our Breakdown and interpretation of the Federal Reserve meeting and first ever Public address by Ben Bernanke. First we must define the word Transitory: Definition of TRANSITORY. 1. : tending to pass away : not persistent. 2. : of brief duration : temporary. The word Transitory was used […]
Fed Rate Decision Pending at 9:30 AM PT
The Federal Reserve Interest Rate decision is coming at 9:30 AM PT today. The bond auction received a C+ rating again today. Mortgage rates have opened slightly higher from yesterday. So far it is in the red. We will post more news and the impacts on rates as news breaks. NOTE: This is the first […]
Seattle Real Estate Mortgage Rates Today 4/26/11
Seattle / Bellevue Real Estate Mortgage Rate Watch: The Federal Reserves Bond Purchase program a PONZI Scheme? This is the bold comparison made by PIMCO’s bond strategist Anthony Crescenzi. Coming on the first day of the Federal Reserves two day meeting concluding tomorrow with their first public address held by Ben Bernanke. The market will […]
Seattle Real Estate Mortgage Rates Today 4/25/11
Seattle Real Estate Mortgage Rates Today 4/25/11: Volatility is the expectation on the heels of a 2 day Federal Reserve meeting beginning tomorrow. Ben Bernanke and the Fed will be delivering their Interest Rate Decision to maintain or suggest a future increase all while issuing their Policy statement on Wednesday. For the first time ever […]
Seattle Real Estate Mortgage Rates Today 4/21/11
Seattle Real Estate Mortgage Rates Today 4/21/11: Apple on the BOOM with earnings, Jobless Claims unable to make meaningful improvement and the stock market closing early today ahead of Good Friday. Apple reported an 83% gain over last year, much of this is due to the increase in iPhone and iPad sales. This did not […]
Seattle Real Estate Mortgage Rates Today 4/20/11
Seattle Real Estate Mortgage Rates Today 4/20/11: Mortgage bonds are off to a weaker start this morning because the stocks are rallying based on STRONG corporate earnings. Local mortgage rates continue to remain unexpectedly low at this time. With the bonds current strength, now would be a huge opportunity to secure a fixed interest rate. […]
Seattle Real Estate Mortgage Rates Today 4/19/11
Seattle Real Estate Mortgage Rates Today 4/19/11: Safe Haven trade still on uncertainty in Europe and the Stock Market move lower has helped bonds. But a warning from Standard and Poor’s has been made. They see a potential downgrade on the rating of the U.S. Bonds within two years if government cannot come to an […]
Seattle Real Estate Mortgage Rates Today 4/18/11
Seattle Real Estate Mortgage Rates Today 4/18/11: The Collection company is getting ready to call Greece. Concerns over a debt restructuring could be in the near future. Although there has been no confirmation from the financial leaders of Greece, Bond investors are hedging over a 60% chance Greece will default on debt within five years. […]
Seattle Real Estate Mortgage Rates Today 4/15/11
Seattle Real Estate Mortgage Rates Today 4/15/11: The Pointer Sisters, “I’m so Excited!” It’s Friday and rates are being pressured lower! We love to rejoice with good news closing out a week. The Safe Haven Trade is a BIG Winner today as Ireland is having more financial difficulties which have triggered Moody’s Rating Firm to […]
Seattle Real Estate Mortgage Rates Today 4/14/11
Seattle Real Estate Mortgage Rates Today 4/14/11: The big question mark on Greece…. can they honor their debt or will they default. This is definately impacting the EURO and helping the Safe Haven trade. However there is data in the U.S. being released that has the bond market uneasy ahead of the 30 Year Bond […]