Here is Troy Chamber's weekly take on the loan rate activity. Troy is a loan officer with Arboretum Mortgage here in Seattle.
"What an amazing week in the market! We saw mortgage rates shoot down near the 5.5% level, and rise sharply back to 6.250%. Things have settled back down, and rates are very good. The Federal Reserve did not lower rates this week, so we are seeing a bit more stability in the market."
"The fact that the government is now “backing” Freddie Mac and Fannie Mae also lends to the
increase in mortgage consumer’s confidence."
"Please let me know if you need anything over the weekend, and if anyone you know is in need of mortgage financing, please call my cell phone at 425-418-5103."
Troy Chambers
Arboretum Mortgage
Phone: 206-720-6628
Fax: 206-860-9340
troy@arboretummortgage.com
Click here to see a table of loan programs/rates.
Single adults face unique challenges when buying and selling a home. I know because I've done it myself, & a significant portion of my clients are single. This blog provides news & information you need to help you achieve your real estate goals. Alice Kuder, REALTOR®, Green. Prudential Northwest Realty Associates, Seattle, WA
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