A Tug of War in the Economy of Home Loans
|"It's a tug of war, we expected more"... Tug of War, Paul McCartney
Home loan rates bounced around this week, due to volatility in the U.S. Bond market, but went into the weekend still near three-month lows.
There are push/pull items that continue to limit how low and high rates can go. Here is what home shoppers should know:
Factors currently limiting how low rates can go:
As always, thank you to Patrick Steele for sending us this great bit of info. We hope ya'll enjoyed it as much as we did!
As always... thanks for stopping in and seeing how we're doing here on our blog...
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