Our Market

Have an idea what mortgage interest rates will be up to? Ever since the Fed made the announcement if buying more Bonds, rates have gone North by more than .25%.

This week showed a nice recovery and I was able to lock a few clients and enjoy the small rebound. But that rebound might have ended. You see, yesterday Warren Buffett spoke about short and long term bonds might not be the best investment right now. His words are like the old “When EF Hutton speaks, people listen”.

Have a thought on mortgage rates, will they drop again?

Geoffrey Davis

Find out why I am called the Frisco Mortgage Guy: www.FriscoMortgageGuy.com

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