Interest Rate Watch for Seattle & Bellevue Real Estate 9/7/10

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Rates regaining ground from last weeks losses.  Mortgage rates open better on Tuesday, 9/7/10.  There will be little economic news out this week to move rates.  President Obama rolls out yet another $50 Billion plan on Wednesday.  If the stock market does not receive his plan well and sells off look for opportunities to secure a low rate this week.   Economists are in agreement that the housing stimulus/tax credit was ineffective, urging the White House NOT to implement a new one and let the Real Estate market takes its own course. 



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