Seattle and Bellevue Real Estate Mortgage Rate Watch 10/7/10
President Obama has signed HR 3081 which allows the county loan limits to remain at the increased levels through 2011. For example King and Pierce Counties extended loan limit remains at $567,500. This is a huge for real estate recovery since the current conforming loan limit remains at $417,000.
The bond market continues to hold strong with QE2. QE2 will continue to be a driver for the bond market so continue to follow for daily updates.
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