Seattle / Bellevue Real Estate Mortgage Rate Watch: Mortgage Rates are unable to make a meaningful gain today ahead of the Unemployment Report tomorrow. Yesterday rates received a boost from Initial Jobless claims, BUT looking at the snapshot today all early gains were lost. Here is our take on the report tomorrow. Should the Unemployment […]
Seattle Real Estate Mortgage Rates Today 3/30/11
Seattle / Bellevue Real Estate Mortgage Rate Watch: This morning at 10am PST will be the 7 year note auction totaling $29B. The previous two auctions for the 2yr and 5yr both received about a “C” grade. The 7yr could create a higher yield because of the long term risk. Stay tuned as we will […]
Seattle Real Estate Mortgage Rates Today 3/29/2011
Seattle / Bellevue Real Estate Mortgage Rate Watch: “Safe Haven” trade continues its sell off, all attention has now turned to domestic news in the Unites States. The Fed’s are in the spotlight once again as two Fed Presidents have been vocal in the media with their thoughts on the next actions of the Federal […]
Seattle Real Estate Mortgage Rates Today 3/28/2011
Seattle / Bellevue Real Estate Mortgage Rate Watch: Lack of News from Japan and the Middle East has investors moving out of the U.S. “Safe Haven” trade. This is pressuring rates higher at moment. The 2 year note auction this morning at 10:00 AM PT reported with C+ ratings Not Good / Not Bad, not […]
Mortgage Reel: Treasury eyes plan for smaller-scale Fannie, Freddie Floats menu of reform options, calls for hikes in guarantee fees
Interactive Data Treasury eyes plan for smaller-scale Fannie, Freddie Floats menu of reform options, calls for hikes in guarantee fees By Ronald D. Orol, MarketWatch Last Update: 11:47 AM ET 2/11/11 WASHINGTON (MarketWatch) — A large portion of Fannie Mae and Freddie Mac should be wound down over time and the fees that the troubled […]
Seattle Real Estate Mortgage Rates Today 3/25/2011
Seattle / Bellevue Real Estate Mortgage Rate Watch: Mortgage Rates trying to find some stability with a lack of news from the Middle East and Improving conditions in Japan. We have been speaking quite a bit of the “Safe Haven” trade for investors when crisis erupts around the world and how the Bonds and Mortgage […]
Seattle Real Estate Mortgage Rates Today 3/24/2011
Seattle / Bellevue Real Estate Mortgage Rate Watch: Concerns in the Euro topping financial media and the stock market. Uncertainty continues to grow over Greece, Ireland and Portugal all part of the Euro and their abilities to repay or face default. Portugal yesterday attempted and failed to shore up their budget which led to the […]
Seattle Real Estate Mortgage Rates Today 3/23/2011
Seattle / Bellevue Real Estate Mortgage Rate Watch: Concerns coming from Japan as the Nuclear contamination has hit their water supply. This has pushed some investors into the “Safe Haven” trade. This comes on the announcement Japan will need north of $300 Billion to rebuild and recover. Wall Street and the global markets are watching […]
Seattle Real Estate Mortgage Rates Today 3/22/2011
Seattle / Bellevue Real Estate Mortgage Rate Watch: Improving conditions in Japan and the LACK of news from the Middle East has investors shifting out of the U.S. Safe Haven. During Crisis investors shifted into the U.S. Bonds and Treasuries as a Safe Haven trade. This HELPED to push rates lower. In the exact opposite […]
Seattle Real Estate Mortgage Rates Today 3/21/11
Seattle / Bellevue Real Estate Mortgage Rate Watch: During the financial crisis the Treasury Department racked up $142B in debt. Now to help STABILIZE the economy the Treasury states selling around $10B per month will improve conditions. We discussed this morning, is this truly to help stabilize the economy? Is this the right time to […]