What’s the Current Trend in Seattle Mortgage Rates?

Seattle mortgage rates have improved today

What’s Happening in Financial Markets?

Jobs report came in worse than expected this morning.

How Does This Affect My Mortgage Rate?

Poor economic news always benefits mortgage bonds and improve consumer mortgage rates.  U.S. job growth was below expectations.  The numbers point to workers giving up on seeking new employment positions as this can delay the tapering of QE3.

Moving forward the jobs report will be a crucial topic to follow as it will impact the decision of QE3.

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