Seattle Real Estate Mortgage Rates Today 6/21/11
Seattle Real Estate Mortgage Rates Today 6/21/11: Uncertainty in Greece over the vote to pass the package to help stablize the financial structure of the country. Existing home sales beat the market expectations but slip over sales in May. And then there is Big Ben Bernanke who will be meeting with the Federal Reserve for their two day meeting which is underway. The market will be paying close attention to any verbiage about “INFLATION”, though Ben Bernanke was quoted for inflation being “Transitory” it has show up HOT in recent economic reports. This will have a IMPACT on the bond market pending the news release tomorrow.
Mortgage Rates are making a slight improvement today after yesterdays losses, even though the stock markets gains all in the green. This will have a IMPACT on the bond market pending the news release tomorrow.
We will have a great “Tip of the Day” post tomorrow on “Shopping for a Mortgage Rate”. It is not what you are thinking and it has changed significantly from just six months ago. You won’t want to miss this very important TIP.
The sun is out and our vitamin D is being replenished, at least we are looking at the nice weather from our office window…… HAVE A GREAT DAY!
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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