Washington State Mortgage Rates This Week : April 11, 2011

Mortgage markets worsened last week as energy costs remained high, and jobs data looked strong. The safe haven buying that characterized the March mortgage market has subsided. it’s driving mortgage rates higher across Washington. Conforming and FHA mortgage rates rolled back 8 weeks worth of...

What’s Ahead For Mortgage Rates This Week : February 28, 2011

Mortgage markets improved last week as Wall Street’s concerns about the Middle East trumped its fears of inflation. Conforming and FHA mortgage rates in Washington fell to a 3-week low. Last week marked the second straight week in which mortgage rates fell, a streak that follows four straight weeks of...

What’s Ahead For Mortgage Rates This Week : February 7, 2011

Mortgage markets worsened last week as Wall Street came to terms with the expanding economy; and realized the Federal Reserve may be trying to induce inflation. Better-than-expected retail sales and positive job growth buoyed stock markets and sank bonds. Mortgage rates in Washington rose for the 4th time...

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 : January 3, 2011

Mortgage markets improved last week during a snow- and holiday-thinned series of sessions on Wall Street. Mortgage bonds improved on year-end profit-taking, mostly, leading conforming mortgage rates in Washington lower. Last week marked the first calendar week in which mortgage rates dropped since...