Seattle Real Estate Mortgage Rates Today 12/14/2011
Seattle Real Estate Mortgage Rates Today 12/14/2011: What happened at the Fed meeting yesterday? Not much. There was not much change to yesterday’s Fed announcement; however, they did concede and are quite cognizant that significant risks to the economic outlook are exacerbated by straining global financial markets. Stocks were negatively affected without the mention of QE3.
Driving Mortgage bonds gains yesterday was the Triple “A” rating on the 10-year note auction. Although the current environment is unpredictable, today’s auction of $13B in 30-year bonds should be a positive one. We will wait for the results later today.
Timing is everything just as location of the home is critical. Timing in securing an interest rate, BEST rate, is working with a mortgage professional who has their pulse on the market and when best to advise and educate their clients when timing is right. Along with this key knowledge is to be on top of all of the lending and underwriting changes which seem to almost happen daily. We at the Mortgage Reel are Licensed Washington Loan Originators, serving clients with transparency, knowledge and most importantly keeping your goals in mind. How can we assist you today?
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