Monday, November 14, 2016

Presidential Election’s Effect On Mortgage Rates…

small-brett-pic2I hope you had a good holiday weekend!
The bond markets reacted to the presidential election last week by having a huge sell off. …The result is mortgage rates spiked, and rose a quarter of a point in two days.
This sell off will stop. It could be today, or it could take a little longer.
I expect the volatility to settle a bit this week. …I’ll keep watchin’ it for ya!
That’s it for today!
Have a good day today! …and thanks for reading.
Brett

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