Bellevue and Seattle Real Estate Mortgage Rate Watch 11/8/2010
Article by Seattle Real Estate Reel
Bellevue and Seattle Real Estate Mortgage Rate Watch 11/8/2010 – Real Estate – Mortgage Financing
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View the daily video here: http://www.realestatereel.com/bellevue-and-seattle-real-estate-mortgage-rate-watch-1182010/
Seattle / Bellevue Real Estate Mortgage Rate Watch: Today’s bond auction came in with neutral reaction and little impact on rates. There is little economic news this week to pressure rates. More attention will be on the G20 summit and their reaction to the Federal Reserve and QE2.
Follow us on Twitter for any breaking news and leave feed back or comments belowSeattle and Bellevue home mortgage rates will fluctuate daily and sometimes hourly depending on the volatility and economic news. A simple way to follow the trends of impacting news is to review the “Events” calendar on http://www.themortgagereel.com. We will provide the daily impacting news in advance to help advise.
We will continue to post updates with current trends. Depending on your goals for locking your rate. If you are on the short term, play close attention to the market. If you are on the long term and have more time, make sure you secure on the best day.
Currently Seattle and Bellevue real estate is greatly impacted with the historically low mortgage rates. Did you know that a % change in interest rates is equal to a 5% change in the sales price of a home? That means the recent dramatic drop in interest rates is equal to at least a 10% reduction in home sales prices.
With recent mortgage rates sitting at historically low rates, you are receiving even a better opportunity for purchasing local real estate.
If you are considering refinancing your home, please follow the break-even point to make sure you will receive a financial benefit!
Mortgage Rates hitting historical lows. Media saying Interest Rates will drop to 4.5%. Are you ready to take advantage of this opportunity? How much do you have to save on your interest rate before it makes sense? What are your goals and is your refinance matching your goals? TheMortgageReel.com is committed to making a difference, please watch our educational tutorial
Continue to follow both the Seattle Mortgage Reel and Real Estate Reel.
About the Author
Assisting Seattle and Bellevue homeowners obtain a structured mortgage to financially benefit and compliment their real estate goals. With mortgage rates at historical lows, it’s important to structure your financing goals now, for the long or short run to secure your financial savings.
Use and distribution of this article is subject to our Publisher Guidelines
whereby the original author’s information and copyright must be included.
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Assisting Seattle and Bellevue homeowners obtain a structured mortgage to financially benefit and compliment their real estate goals. With mortgage rates at historical lows, it’s important to structure your financing goals now, for the long or short run to secure your financial savings.
Use and distribution of this article is subject to our Publisher Guidelines
whereby the original author’s information and copyright must be included.
