FBI Investigating Series Of Bank Robberies

KENT, Wash. -- The FBI is investigating a series of bank robberies that have taken place in the last few days. The FBI believes one man is responsible for three separate robberies.

The first robbery took place at the Burien Branch of Washington Mutual Bank on Nov. 22, the second robbery was at a Wells Fargo Bank in Renton on Nov. 28 and the third at a US Bank in Kent on Dec. 05.

The suspect always uses a note to request the money, but has not shown or indicated a weapon.

The suspect is described as a white male, 5 feet 10 inches tall, 180 pounds, with reddish brown hair and a mustache.

Anyone with information is asked to call, (206) 622-0460.

What are people saying about mortgages today:

Rates on 30-year mortgages edged down last week to a seven-month low. Mortgage-giant Freddie Mac reported Thursday that 30-year, fixed-rate mortgages fell to 6.3 percent, down slightly from 6.31 percent two weeks ago. It put rates at the lowest level since they were at 6.24 percent the first week of March.

Bank of Hawaii, Central Pacific Bank, Territorial Savings Bank and Wells Fargo Home Mortgages all cut their 30-year mortgage rates to 5.75 percent this week.

Most people think of a mortgage as a means to an end. After all, you buy a house, not a home loan. But a mortgage is much more than the path to homeownership. It is a financial instrument that must be managed, just like any other financial investment.