Seattle Mortgage Rates Today 3/20/13
What’s the Current Trend in Seattle Mortgage Rates?
Mortgage rates worsened today
What’s Happening in Financial Markets?
Stocks are back at it today. Mortgage bonds are giving up the gains we have received over the past 5 days to the stock market today. Fed’s do speak today.
How Does This Affect My Mortgage Rate?
The Fed announcement is released at 11am PT today. Based on the current economic growth and recovery the assumption is that Mr. Bernanke will continue as is without any changes.
In 2012 the Seattle real estate market quickly picked up with first time home buyers and repeat buyers competing for homes. I am not sure what sparked the competition but since last year, the real estate sales have not slowed down. National stats say real estate sales are up 28%. I am sure the local Seattle market is even hotter! Seattle mortgage rates continue to remain low so prepare yourself with a solid lender/real estate agent to beat out the competition. Contact us with questions!