Today's News

Rates trying to hold after loosing ground from Wednesday economic report on Manufacturing.  Federal Reserve clears the rumors of another stimulus to stabilize mortgage rates will not be put in place.  Market fluctuations will be critical in securing your interest rate.  Timing will be key to securing a rate for a purchase or a refinance.  [...]

Rates are being pressured higher today due to good economic news coming from the ISM/Supply Management Index.  Even though payroll reports did not meet market exectations the index showed signs of economic growth and recovery.  Wall Street obviously liked the report pushing the Dow Jones 248 points higher.  This causes bonds to sell off pressuring [...]

Expect huge volatility this week for Seattle Home Mortgage rates. Economic news is pretty heavy which includes consumer spending, inflation reports, and unemployment figures. If you are planning to secure a rate plan accordingly and watch for updates. Overall timing is key to secure the best mortgage rate possible.

Seattle real estate buyers & owners applying for a new mortgage need to educate themselves on Fannie Mae’s LQI process. As a qualified borrower, the last thing you want is to go to closing and receive a loan denial. During the home loan process, any financials related to credit, must be discussed with your licensed loan originator.