The yield curve is probably not discussed in your everyday conversation…but in the mortgage industry…it is a big deal! In normal financial markets, the rate for a 5, 7, 10, 15, 20 and 25 fixed mortgages, should be lower than the 30 year fixed. However, the industry has seen a flattening of the yield curve…

Unrest in financial markets (such as we are going through now with Amazon and Tariffs), usually means interest rates are kept in check because more U.S. Treasury bonds are purchased by large investors as a way to ride out the storm. That means right now is a good time to purchase or refinance. Call Mitchell…

Unusual day for mortgage interest rates today…no change! It appears the possibility of a trade war has investors somewhat stymied on what to do next. Good time to take advantage of rates now. Give me a call and we will see if it makes sense for you!