Mortgage Rates Hit a Sweet Spot: What It Means for You
Hey there! I have some good news for anyone thinking about buying a home, selling, or refinancing. Mortgage rates have recently dipped to their lowest levels in over two weeks, hovering around 6.15% to 6.20% for a 30-year fixed rate. This is a great time to consider your options!
The bond market, which directly affects mortgage rates, has been pretty stable lately. Just yesterday, some positive employment data helped push rates down even further, making it an ideal moment to lock in a low rate if you're in the market. If you're thinking about refinancing, this could be your chance to save some money!
Keep an eye on next Wednesday's labor market report, as it could lead to significant changes in rates again. If the news is good, we might see rates drop even lower, but if it’s not, they could go back up. So, if you're considering making a move, now is the time to reach out to me. I can help you navigate this landscape and find the best option for your situation!
