What’s the Current Trend in Seattle Mortgage Rates?

Seattle mortgage rates have improved today

What’s Happening in Financial Markets?

The market continues to show volatility as the bond market was up 75bps this morning and the gains have already been cut in half.

How Does This Affect My Mortgage Rate?

Mortgage rates have improved today, but continue to struggle to secure the gains.  $35B in 5yr notes will be auctioned today.  Yesterday’s auction results were not great so today’s results could impact the market as well.

If you have specific questions please contact us!

Thanks, MR