Interest Rates, Up or Down?

All our clients are wondering about interest rates right now as there are good deals on the market and some of them are considering investing. I asked Katsumi Matsuda of Seattle Pacific Mortgage what he thought of the current interest rate profile, and he let me know about today's rates...he'll be happy to hear from you if you want to discuss the market and get a better sense of things. I'll ask some of the other lenders I know too, and report back.

"Interest rates are so unpredictable in this volatile market. Nothing is normal, so please talk to your mortgage specialist to determine your interest rate.

Today (11/12)

30 year fixed, 30 days lock rate is 5.875% (apr 6.105).

This rate may change without any notice.

Edy...does this help?"

Regards,

Katsumi Masuda
Loan Originator
Wa Lic.# 510-LO-34807
Seattle Pacific Mortgage, Inc.
Bellevue, WA
206-769-1101 Cell
425-818-2087 Direct
425-455-0100 Office
http://www.katsumimasuda.com/