What’s the Current Trend in Seattle Mortgage Rates?

Seattle mortgage rates are flat today

What’s Happening in Financial Markets?

Day 1 of the Feds Meeting

How Does This Affect My Mortgage Rate?

Yellen!  The previous two meetings, Yellen has left a questionable direction in place that caused mortgage rates to climb.  March led to another bond purchase reduction of $10B to $55B.  This reduction will continue at what pace?

Stay tuned as the market could shake up tomorrow.

In general mortgage rates tend to creep up in the month of May.  Truly hope that trend can break this year.

MR