What’s the Current Trend in Seattle Mortgage Rates?

Seattle mortgage rates slightly improve today

What’s Happening in Financial Markets?

Weaker than expected retail sales reported in June has helped bonds improve.  The lack of spending could be due to the fact of salaries and wages for consumers have not seen any increases.

How Does This Affect My Mortgage Rate?

This week Bernanke is set to speak on Wednesday.  The previous two months of him talking, have not helped the consumer mortgage rates.  The talk of QE continuing will be shift the market so if you need to lock, Wednesday is a day to track the market.