Seattle Real Estate Mortgage Financing 12/6/10 - Real Estate - Mortgage Financing

WATCH the video: /seattle-bellevue-real-estate-mortgage-rate-watch-12610/Seattle / Bellevue Real Estate Mortgage Rate Watch: We are off to a good start this week home owners. Over the weekend Ben Bernanke was interviewed by 60 Minutes on the state of the economy. We are focusing on his comments on inflation. He went on to say the fears of inflation are "Overblown", "100% confident that the FED can control inflation and reverse it's accommodative policy when necessary", "We could raise interest rates in 15 minutes if we have to, so, there really is no problem with raising rates, tightening monetary policy, slowing the economy, reducing inflation, at the appropriate time." These comments are helping the Bond Markets and Mortgage Backed securities.Also assisting in the rates improving are the continued concerns in Europe. Keep in mind that the U.S. Bond markets are the safe haven when concerns like this arise so it is a benefit to rates.Follow us on the tab on your right for any updates, share our link with your network and leave any comments below. Be back tomorrow.Seattle 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 . We will provide the daily impacting news in advance to help advise.

Seattle / Bellevue Real Estate Mortgage Rate Watch: We are off to a good start this week home owners. Over the weekend Ben Bernanke was interviewed by 60 Minutes on the state of the economy. We are focusing on his comments on inflation. He went on to say the fears of inflation are "Overblown", "100% confident that the FED can control inflation and reverse it's accommodative policy when necessary", "We could raise interest rates in 15 minutes if we have to, so, there really is no problem with raising rates, tightening monetary policy, slowing the economy, reducing inflation, at the appropriate time." These comments are helping the Bond Markets and Mortgage Backed securities.Also assisting in the rates improving are the continued concerns in Europe. Keep in mind that the U.S. Bond markets are the safe haven when concerns like this arise so it is a benefit to rates.Follow us on the tab on your right for any updates, share our link with your network and leave any comments belo w. Be back tomorrow.

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.

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