I sit in amazement wondering when the bond crash will stop? It is exciting for the fact that I do anticipate mortgage interest rates to fall into the high 3% range in the near future. What you need to realize is not always do rates follow the 10 year treasury, mortgage rates are more tied to (MBS) mortgage back securities.
With that said, if you do have an interest rate above 5.0%, it may make sense to take a few moments, contact me or your favorite mortgage banker and see if now, maybe the best time to refinance or purchase your home.
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