Washington State Mortgage Rates This Week : May 16, 2011

Mortgage markets worsened overall last week for the first time in 5 weeks. Better-than-anticipated economic data plus dwindling concerns for Greece’s sovereign debt combined to a spark a bond sell-off. Conforming mortgage rates moved higher in Washington as a result. Rate shoppers were hit especially...

Washington State Mortgage Rates This Week : May 2, 2011

Mortgage markets improved last week overall. Bigger concerns for Eurozone debt combined with lesser concerns for domestic inflation to push U.S. mortgage rates lower. Last week marked the 3rd consecutive week through which conforming mortgage rates dropped, the longest such streak since February. Mortgage...

Seattle, WA Mortgage Rates This Week : March 14, 2011

Mortgage markets improved last week in a week of few economic releases. The one major data point — Retail Sales — showed stronger-than-expected, but markets reacted mildly. The report’s strength was whispered in advance of the actual release; its reading validated Wall Street’s...

What’s Ahead For Mortgage Rates This Week : January 24, 2011

Mortgage markets worsened last week in a holiday-shortened trading week. As the body of U.S. economic data continues to show slow, steady improvement, Wall Street is becoming a net-seller of mortgage-backed bonds. As a result, conforming mortgages rates in Washington are rising. This is why conforming and...

What’s Ahead For Mortgage Rates This Week : December 20, 2010

Mortgage markets worsened again last week as belief in a U.S. recovery and concerns for inflation took hold on Wall Street.  Conforming mortgage rates rose in Washington for the 6th straight week. According to Freddie Mac‘s weekly Primary Mortgage Market Survey, the average 30-year fixed rate...