What’s the Current Trend in Seattle Mortgage Rates?

Seattle mortgage rates are worsening

What’s Happening in Financial Markets?

Stocks bounce back and take away from mortgage bonds

How Does This Affect My Mortgage Rate?

After the stock market sell off yesterday, the mortgage bonds are giving up positive gains.  Pricing has already worsened early this morning.  The volatility has continued at the start of 2014.

As many buyers take action towards purchasing, starting the pre-approval process in advance is a smart thing.  You can never start too early, (well don’t start a year in advance) but making sure your credit, debt management, assets, income are all structured is smart.

You want to make sure your assets are sourced, debts are minimized, credit score is maximized, and your income (salary, hourly, commission) will not impact your purchase power.

Contact us with questions to prepare to purchase your next home in Seattle.