Mortgage Rate Update – Rates Can Only Go So Low
As mortgage bond prices move to even higher levels, why are the rates not going lower? A quick look at the bond prices over the last 3 months paints a picture and suggests the possibility that rates can only go so low, regardless of the bond price.
Call or text me anytime at 314-599-0511 for help with your mortgage.
Recent client reviews:
NMLS# 374393. Vice President/Mortgage Banker at Paramount Bank NMLS 551907. Equal Housing Lender. FDIC Insured.