What’s the Current Trend in Seattle Mortgage Rates?

Seattle mortgage rates remained the same

What’s Happening in Financial Markets?

Mortgage bonds are facing a ceiling of resistance.

How Does This Affect My Mortgage Rate?

The bond market was against the ceiling of resistance twice already this month and failed to break through.  If bonds are able to break through and hold, you can expect Seattle mortgage rates to improve.

If you are on the short term, you may consider locking since the bonds have been unsuccessful breaking through this resistance level.

If you have additional questions “purchase pre-approval questions or refinance questions” please contact us!

Have a great weekend!