(July 22, 2021)Concerns about the Delta variant, and the overall trajectory of the pandemic, are undoubtedly affecting economic growth. While the economy continues to mend, Treasury yields have
Mortgage Rates Continue to Move Down
Dated: July 8 2021
(July 8, 2021)
Mortgage rates decreased this week following the dip in U.S. Treasury yields. While mortgage rates tend to follow Treasury yields closely, other factors can be impactful such as the labor markets, which are continuing to improve per last week's jobs report. We expect economic growth to gradually drive interest rates higher, but homebuyers and refinance borrowers still have an opportunity to take advantage of 30-year rates that are expected to continue to hover around three percent.
If you are looking to buy your dream home or sell the one you have, itâ€™s time to contact your Trusted Real Estate Advisor Alexi Altuve. Confident and committed, Alexi proudly offers exceptional real....