What’s the Current Trend in Seattle Mortgage Rates?

Seattle mortgage rates are worsening today

What’s Happening in Financial Markets?

Jobless claims continue to improve

How Does This Affect My Mortgage Rate?

Seattle mortgage rates are on a slight upward trend since mid-October.  The continued improvement in the job market has pushed stocks up and mortgage bonds lower.  When bonds drop in value, consumer mortgage rates do increase.

If you are in a purchase and sale contract or thinking of refinancing, make sure you are reviewing market data.  Securing your interest rate at the best time is a must.  Don’t wait and miss your opportunity!

Thanks, MR