09/12/2023
💼 As I have said before, nobody has a crystal ball to see what rates will be in the future. All I can do is my homework and provide my take on whats to come. A little research coupled with logic can go a long way so here is my prediction, in short as the longer explanation is in the post.
🏠 Fixed rates will slowly begin to drop as we are most likely headed into a recession. Bond yields tend to drop during a recession and as fixed rates are depending on bond yields, they will drop as well.
When rates drop, you can expect more buyers to enter the market.
🔑 If you are looking to purchase, refinance, or renew you mortgage, lets talk about your goals.
🤔 If you have a different take on the rates going forward, I would love to hear it.
