Seattle / Bellevue Real Estate Mortgage Rate Watch: President Obama extending the TAX Cuts for two years has the Stock Market in a RALLY moving HIGHER coming at the cost of bonds.  Many economist felt that if the tax cuts were NOT extended then the economy would falter.  ALSO pressuring rates is the EXTENSION of Unemployment Benefits for another 13 MONTHS.  This is all coming at the EXPENSE of creating more debt to be issued in bonds and with the ADDED supply BONDS are on the RISE.

CHINA fighting INFLATION with a year over year 4.4% RISE. INVESTORS will turn to who is paying the best rate of return, at this time the U.S. is behind and bonds are loosing the battle.

“FOLLOW US” on the left for breaking news on Twitter and stay tuned for our Facebook page.