04/04/2025
“Good morning! Quick market update:��Rates are slated for a nice improvement since the tariff announcement on Wednesday. ��After the tariff roll outs, investors are flocking to safety, and mortgage bonds are that safety net. The increased investor traffic for bonds has given us a nice break on the rate front. ��There are a few factors that are on economists' mind: The tariffs, increasing unemployment (4.1 to 4.2% as of this morning), and negative GDP figures are all recession indicators. Historically, recessions lead to lower rates. The goal is to buy before rates lower enough to drive prices up, then capitalize on a refinance down the road.��I have never been in advocate for people “timing the market,” as it usually does not pan out. That said, this is the first sweet spot I’ve seen in years. ��Keep your eyes peeled for homes and please let me know how can help!
