03/02/2026
Good Morning and Happy Monday!
Another week of slight improvement for mortgage rates! Despite a very eventful week geopolitically, bonds and mortgage rates remained relatively stable. The limited economic data we received didn’t move the market, and Fed speakers largely stayed on script without offering any major surprises.
This morning, however, rates are giving back a bit of that progress. A combination of renewed Middle East tensions and typical beginning-of-the-month repositioning appears to be putting some upward pressure on bonds/mortgage rates.
Luckily, we have several key economic reports ahead this week. If the data cooperates, we could see momentum shift back in our favor.
Are you having past clients ask about refinancing? I’m happy to help. Feel free to connect us, and I’ll walk them through their options and run the numbers.
A refinance may not make sense for everyone today, but this is a great opportunity to educate, set clear expectations, and outline exactly what rate or scenario would make it worthwhile. That way, when the timing is right, they’re prepared to act quickly.
Have a Great Week!
