What Today's Mortgage Market Trends Mean for You
Hey there! I wanted to take a moment to share some insights from the latest happenings in the mortgage-backed securities (MBS) market and what they could mean for you as a homebuyer or homeowner.
Recently, MBS have been doing quite well, showing a bit of strength compared to Treasury bonds. This is a good sign for those of you looking to buy a home or refinance because when MBS perform well, it often leads to more favorable mortgage rates. While there's no official buying schedule from government-sponsored enterprises (GSEs) at the moment, the market's performance suggests that some buying is likely happening behind the scenes.
If you’re considering purchasing a home or refinancing your current mortgage, now might be a great time to reach out to me. Keeping an eye on these trends can give us a better chance of securing a good deal for you. I’m here to help you navigate through it all!
Lastly, it’s worth noting that consumer sentiment is on the rise, which is another indicator of potential stability in the housing market. If you have any questions or want to discuss your options, just give me a call!
