Mortgage rates are dropping again and gaining back the ground they lost over the past couple of tough weeks. Even though the Fed has already hinted there will be no rate cut at their December 10th meeting, the Bond market clearly didn’t get the memo and reacted to other factors in our favor.
As we all gear up for one of the busiest travel weeks of the entire year, it’s a good reminder to take a deep breath, relax, and try not to honk at anyone who’s clearly forgotten how a turn signal works.
And in the middle of all the holiday chaos, I came across this graph this morning and thought it was worth sharing.
Have a fantastic weekend and next week. Our team will be available and happy to help.
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