What’s the Current Trend in Seattle Mortgage Rates?
Seattle mortgage rates remained the same
What’s Happening in Financial Markets?
FOMC meeting is announced tomorrow so the bonds are quiet today.
How Does This Affect My Mortgage Rate?
The Feds start their 2 day meeting today with the scheduled announcement tomorrow at 11am. Because of the meeting and the announcement, the bond market is quiet today. Tomorrow will be an important day to see if there will be any changes made to QE3.