The tamer December CPI was a massive relief for the bond and stock market. The yield on the 10-year US Treasury Bond dropped from 4.8% to 4.6% (a huge move in that market) and average 30-year mortgage rates declined from 7.25% to around 7.01%. That said, the market still overwhelmingly expects NO CUT at the Federal Reserve’s Jan 29th meeting. This doesn’t mean it isn’t the right time for you to...
#interestrates
Mortgage rates have dropped, making it the perfect time to get ready to buy! Getting your loan secured now gives you a heads up in the purchasing power for a home. And if you are looking to sell, this is the time to get your home ready to put on the market. Contact me today it you are looking to buy or...