Seattle Real Estate Mortgage Rates Today 9/7/11
Seattle Real Estate Mortgage Rates Today 9/7/11. Mortgage bonds continue to trade lower today as the stock market rallies from yesterday’s poor start. If you review the past 30 days or so, mortgage bonds have hit the high mark three times. This is known as a “triple top.” Each time we touch the high, we face a ceiling of resistance that has forced mortgage bond to weaken. When bonds weaken, this creates an increase in mortgage rates. As we always mention, timing is very important!!
Media has reported a $300B job creating package will be announced by President Obama tomorrow night. The funds will be directly from tax cuts and government spending. Also noted are the funds will go directly to local governments to protect education and first responders. We will have to wait until tomorrow night for further details.
Make sure you see the recent Yelp reviews we have received from past clients. Unfortunately Yelp has a filtering system that has filtered Fifteen 5 star reviews. Make sure to check those out and contact us with questions.
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