Seattle Mortgage Rates Update, week of 6/6/19
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.
It is a great time to review your current mortgage to see if there are opportunities to increase monthly savings, lower the current rate or tap into equity to improve finances. It is a simple conversation over the phone, contact me at 206-601-3426. Keith Akada
Download an information packed Spring Edition Buyers Guide Below.
