The Federal Reserve Interest Rate decision is coming at 9:30 AM PT today. The bond auction received a C+ rating again today. Mortgage rates have opened slightly higher from yesterday. So far it is in the red. We will post more news and the impacts on rates as news breaks. NOTE: This is the first […]
Rates take a hit on concerns over U.S. Debt Limit. Has the U.S. maxed out the credit card?
Seattle Mortgage Reel Breaking News: U.S. Treasury is stating that the debt ceiling of $13.3 trillion will be reached no later than May 16, 2011. This has pressured rates higher for a mid-day price change. Rates will be more volatile to news like this because of the lack of other economic data and auctions this […]