What’s the Current Trend in Seattle Mortgage Rates?

Mortgage rates traded flat today

What’s Happening in Financial Markets?

Relatively quiet Friday for the markets with no economic reports.  Monday is the deadline to see if Cyprus (Europe) receives financial support from the European Union.  This can shift Seattle mortgage rates at the start of next week.

How Does This Affect My Mortgage Rate?

In general you will see bonds on a downward trend since the start of the year.  What does this mean?  Mortgage rates for all Seattle real estate buyers and owners have trended up in 2013.  Anytime bonds bounce back (right now) it is time to secure your interest rate and lock in your savings.  Contact us!