Seattle Real Estate Mortgage Rates Today 4/18/11
Seattle Real Estate Mortgage Rates Today 4/18/11: The Collection company is getting ready to call Greece. Concerns over a debt restructuring could be in the near future. Although there has been no confirmation from the financial leaders of Greece, Bond investors are hedging over a 60% chance Greece will default on debt within five years. This has boosted the Safe Haven trade today helping to improve rates. BUT this does come with a warning that upon good news from Greece or an announcement to restructure debt could come with investor’s approval and trigger a selloff in bonds. This is VERY similar to the events that were triggered from the disaster in Japan. Safe Haven trade is boosted in uncertainty and sold off when there is a resolution or a positive outcome which pressures rates higher.
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 that 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?
Join the Conversation on Facebook, just click on the banner on the homepage and it will take you to our Facebook page, “How to Beat the Banks on your Home Loan” Like us when you visit and post any comments or suggestions. We want your feedback.