Seattle / Bellevue Real Estate Mortgage Rate Watch: Rates trying to take a breather today….. and…… it’s over, back to VOLATILITY.  After a significant 2 day sell off we are touching some of the highest levels in rates over the last 30 days.  Today at 10:00 there are $13 billion in 30 Year Bonds being auctioned and if the results are mediocre we could see rates tick again HIGHER.

CHINA is being closely watched and there is growing speculation that they will raise rates over the weekend to fight INFLATION.  If this does happen we will see another VOLATILE Monday market open for rates.

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