What’s the Current Trend in Seattle Mortgage Rates?

Seattle Mortgage rates are slightly worsening today

What’s Happening in Financial Markets?

Overall the month of September was not as mortgage rate friendly as the previous months

How Does This Affect My Mortgage Rate?

First off Happy Friday!  Seahawks have a bye week and the weather will be relatively warm so make sure you enjoy it!

Today is a quiet day for the market; the typical trend is taking place.  Stocks are up so mortgage bonds are down today.  When the value (strength) of bonds weaken, mortgage rates trend higher.  Overall the month of September rates are ending slightly higher than the start.

Have a wonderful weekend!

-Team MR