Seattle Real Estate Mortgage Rates Today 4/15/11
Seattle Real Estate Mortgage Rates Today 4/15/11: The Pointer Sisters, “I’m so Excited!” It’s Friday and rates are being pressured lower! We love to rejoice with good news closing out a week. The Safe Haven Trade is a BIG Winner today as Ireland is having more financial difficulties which have triggered Moody’s Rating Firm to have a DOUBLE DOWN GRADE on Ireland’s debt. This coupling on problems Europe already having in Portugal and Greece.
Inflation in Check! YES we just said that, at least for now! The Consumer Price Index reported in line with market expectations. This is good news. Why? It shows that right now companies will face a tough road of raising prices to the consumers. Without hourly earnings increasing and jobless claims reducing consumers do not have more money to pay for the same items. This is a inflation CHECK. Again good news to close out the week as I can go to the grocery store, Costco and more and not see prices higher from out last trip! YAHOO.
On top of all of this is the rates being pressured down. We will take it all day!
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