Low Rates … Over Soon?

Bond-MarketAfter almost 5 years of historically low rates, we are beginning to see some upward movement in the cost of money.

The Bond yields surged to 1.90 this morning, the biggest 4-day up move in the 5yr yield since 2009. The fixed rates will climb higher again in the next few days.  So, if you or someone you know are house hunting or thinking of refinancing and do not currently have a rate hold, contact me. I work with many trusted Mortgage Brokers and can have a low rate secured for you for the next 120 days.

Thank you.