Mortgage Rates Rising, from Edmonds, WA

2009 October 13
by Steve -- Rateswire.com Co-Creator

The direction mortgage rates are moving is often important in the decision to lock your loan. When I sit down with you here in my office in Edmonds, Washington you will want to know both rates and how rates are changing. Until we sit down and discuss mortgage rates in detail, here is how the 30 Year Fixed Wholesale Rate for Fannie Mae conventional conforming loans is changing. This is also known as the Fannie Mae Required Net Yield 30, 30 Day delivery and I present it to you below:

Rate history!

For those of you who would like to know how this wholesale mortgage rate translates into the rates and costs offered to you, my calculator is amazing and available to the top right of this site! In short, rates are climbing! It’s time to get a move on! Steve in Edmonds, Washington.

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Amazing mortgage rate analyzer is now LIVE!

2009 October 12
by Steve -- Rateswire.com Co-Creator
Well…after a heroic effort from webmaster Matthew Porter our Washington State mortgage rate analyzer is now live! Do you want to know mortgage rates for Seattle, Lynnwood, Edmonds, Bothell, Everett, Bellevue, and throughout the rest of Washington State? This amazing analysis tool that takes your situation (credit, loan purpose , location, property type, etc.) and determines what Interest Rate, Payments, and closing costs your scenario would be priced at on a Fannie Mae conforming loan. Input Screen from Analyzer This is NOT your grandmother’s ordinary calculator where you put in a rate, term, and loan amount and it calculates payment! But it goes further then that! After calculating out what appropriate rates and costs are available you can look in depth at different rate/cost options to see which is the best option for how long YOU plan to keep the loan!

Output Screen from Analyzer

It then eliminates any confusion in communication as you can then email me your selected rate/cost scenario with comments and questions. Overall, I am very happy to present live mortgage rates, pricing, analysis, and pricing guidelines all in a single package.

Example analysis of a loan!

There are roughly 30 pages of data and guidelines hidden in the background so this will take a few seconds to load! Click below or the Calculator button at the top right of this site! http://seattle.rateswire.com/calculator Stephen Ching, Co-creator of Seattle.ratesiwire.com and loan originator servicing Seattle, Lynnwood, Edmonds, Bothell, Everett, and Bellevue, in person and the rest of Washington State by fax or email!
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Welcome to Steve’s Seattle Mortgage Rates Blog!

2009 September 4
by Rateswire.com Admin
Welcome to seattle.rateswire.com.   Here you will be able to look at mortgage rates for Seattle, Washington and the surrounding areas.  We are also uploading articles about mortgage topics to rateswire.com which will start being available October 19th! My goal is to provide an accurate updating calculator to illustrate exactly how mortgage rates are priced!  I want you to see exactly what a loan will cost and how different mortgage rates change the cost and recovery time. My goal is to clear away the mystery around mortgages so you can proceed with confidence! Edit: added in date for mortgage topic articles.
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