#mortgagerates

Finally, some good news!

The Fed’s pivot from ‘maybe more hikes’ to ‘cuts next year’ had the markets in ecstasy! The Dow and S & P 500 hit all-time records.  The yield on the 10-yr US treasury went below 4%.  And average 30-year mortgage rates fell to 6.6%.  That’s a decrease of nearly 150bps (1.5%) in just two months!  It just may be time to seriously start looking for that first or next home!  Give me a...

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Mary Cockburn - 5 Star Real Estate Agent serving Edgewood, Albuquerque, & East Mountain