Ryan Ward

Seattle mortgage rates for November 25th 2009. Ryan Ward, Seattle Mortgage Banker, gives updates on current rates for Conventional, FHA and VA mortgage loans.

From last week, rates are up about 0.1875% for all Conventional, FHA and VA mortgage loans. I predict that we will start to see rates slowly rise by the end of the year. The Fed has announced that they plan to stop purchasing mortgage backed securities which will ultimately have a negative effect on rates.