The Fed kept policy rates unchanged at this week’s FOMC meeting. However the policy statement left the door open for possible rate cuts later this year. The 10 year Treasury yield dropped below 2% this week for the first time since November 2016. Falling yields could indicate that lower rates are yet to come. Bonds […]
Mortgage Rates continue to improve as mortgage bonds reach levels not seen since 2017. The outlook remains good that rates could go even lower this year. As U.S. trade tensions have increased, so have concerns about a global economic slowdown, helping mortgage rates remain low. The Fed is starting to signal it is open to […]
Mortgage rates continue to improve as mortgage bonds reach levels not seen since 2017. The outlook remains good that rates could go even lower this year. As U.S. trade tensions have increased, so have concerns about a global economic slowdown, helping mortgage rates remain low. The Fed is starting to signal it is open to […]
Homeownership is still a cornerstone of the American Dream! 50% of renters are determined to own a home. Understanding financing options, down payment, closing costs and buying power does not have to take a long time or be intimidating. I like to think of it more as a conversation, a question and answer session. And […]
