What’s the Current Trend in Seattle Mortgage Rates?

Seattle mortgage rates trading flat this morning

What’s Happening in Financial Markets?

Today is a quiet day, overall mortgage rates did slightly increase this week

How Does This Affect My Mortgage Rate?

Today happens to be a very quiet Friday for the market.  Next week is a short week with the holiday.  BUT…it is packed with economic data that is important.

Monday:  Pending home sales
Tuesday:  Housing starts
Wednesday:  Mortgage Applications

Each day will be important for the bond market.  The bond market is currently experiencing a downward trend which equals higher mortgage rates for consumers.  Depending on your current position be strategic, contact us with your scenarios.

Have a wonderful weekend!