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In this episode of “Today in Mortgages,” we discuss if we are finally getting a relief in interest rates. This week has had a lot of volatility in the marketplace, and people are asking why? To help explain, Rich teaches on the relationship between the 10 year treasury and interest rates, and why when rates drops, the treasury starts to fall as well. Ultimately, there is a lot we don’t know, but what we do know is that rates HAVE ALREADY stated coming down, which opens opportunities such as increased buying power, and refinances. Listen in to learn more about this and more!
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The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information.
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