Seattle Mortgage Rate News Today August 21, 2013

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Seattle Mortgage Rates
Seattle Mortgage Rates
Seattle Mortgage Rates

What’s the Current Trend in Seattle Mortgage Rates?

Seattle mortgage rates are higher today

 

What’s Happening in Financial Markets?

FOMC was released today

How Does This Affect My Mortgage Rate?

This moning, the bonds were flat waiting for the Feds announcement.  The Feds lack of clarity and confidence in the continuation with QE3 pushes bonds lower which leads to higher rates.  At this time it remains unknown if and when the tapering will begin.
Seattle mortgage rates did tick up a bit overall for the day.



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