Seattle Mortgage Rates Update, week of 6/13/19

Mortgage Rates continue to improve as mortgage bonds reach levels not seen since 2017. The outlook remains good that rates could go even lower this year.

As U.S. trade tensions have increased, so have concerns about a global economic slowdown, helping mortgage rates remain low.

The Fed is starting to signal it is open to easing monetary policy. Recent comments have markets looking for Fed policy rate cuts later this year.

Have questions about your mortgage? It is truly a great time to check in and create peace of mind you are in the best position based on your financial goals and needs. If you have a home equity line of credit and do not plan to pay it off in the short term, understanding option in a market where real estate values are at historical highs and mortgage rates at historical lows is unprecedented.

Call today for more education. To provide education so you can understand if timing is right or have confidence and peace of mind you are in a great position. 206-601-3426. Keith Akada

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