Good Morning!Normally when the stock market is going strong (like it is now) money flows out of he bond market into the stock market, and as a consequence mortgage rates tend to rise.
However, the mortgage rates have been holding low in spite of this stock market rise.
Some are saying its because of the Corona-virus fears, and that may be true.
Whatever the reason - mortgage rates remain low right now.
...so, if you are thinking about refinancing, or purchasing now - it's a good time to take advantage of it.
That's it for today!
Thanks for reading!
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