Mortgage Rate Update for the Week of May 6, 2013


This week’s calendar is looking a little light as far as scheduled economic indicators which may influence the direction of mortgage interest rates. 

Thursday, May 9: Initial Jobless Claims

Wow…. that was exciting! 🙂

On Tuesday, the Treasury will begin to sell $27 billion in notes and bonds which may impact mortgage rates as they are based on mortgage backed securities (bonds).

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If you are interested in refinancing or buying a home (primary, second home or investment property) in LaConner, Langley, Lynnwood or anywhere in Washington state, where I’m licensed, I’m happy to help you. Click here for a mortgage rate quote.

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