Seattle Mortgage Rates Today 5/9/12:  Mortgage Bonds continue to trade at all-time highs as the Euro continues to fall against the dollar as political unrest unfolds in the region.  Investors are finding themselves in the safe haven of mortgage bonds and government securities.  Given the complexity of the problems affecting the EU, recovery is not on the horizon.  News from Europe is also negatively affecting stocks pressuring bonds upward.  Perhaps we will see 30 year fixed mortgage rates fall even lower.

AS you know, what goes up must—at some point—come down.  Again, bonds continue to see their best days of late.  How long will it last?  Only time can tell.  If you are already pre-approved and waiting to lock, today may be the day.  Be sure to contact us to understand what may affect any changes in the market today.

As we begin the season of home buying, are you prepared to make on offer on that house you just viewed? Is your offer strong enough to entice sellers? WE ARE THE PURCHASE EXPERTS! By working with The Mortgage Reel Team—unlike the big banks—be assured of an on-time 30-day closing! Contact us today and receive a same-day pre-approval.