My New Blog

What leads to the feeling rates will stay down is the continued support of the US Government for one, plus the sense that foreign investors will come back into the US bond market strongly. In addition, large domestic investors are now in a buy mode for mortgage bonds (PIMCO). Plus, inflation may be showing signs of slowing, given current economic conditions and the price of oil dropping.

Overall, plenty of indicators of a favorable rate environment but, rates change throughout the day. It may be a good time to refi or purchase. Contact me to discuss. 312-863-9560.