Seattle Mortgage Rates Today, February 13, 2009

Seattle Mortgage Rates Today, February 13, 2009: The Stimulus Package has been voted a yes so far but the market has not really reacted yet. Mortgage rates have creeped up but all eyes remain on the Bad Bank policy. There still is a $7,500 tax credit to all first time home buyers (first time buyers defined as anyone who has not owned a home in the last three years). Currently the $15,000 tax credit has been pulled off the table.

One Comment

  • Joe Hartman
    at 16 years ago

    Good info Keith. I think you are spot on in regards to the market and the importance of having a floor and ceiling in regards to mortgage rates. Also Excellent advise for everyone in regards to current volume levels and commitment letters.

    Thanks

    Joe Hartman

    Reply

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