If you need assistance, please call 407-288-5182

MBS Day Ahead: Have You Heard The One About The Uptrend?

Friday, July 10, 2020   /   by Erik Bjorklund

MBS Day Ahead: Have You Heard The One About The Uptrend?

Stop us if you've heard this one before, but rates are low due to an unprecedented global emergency. Unless coronavirus situations deteriorates significantly, it's only fair for rates to gradually push back toward higher levels.  But if that's so obvious, why haven't rates already preemptively moved much higher?  Why are mortgage rates continuing to operate near record lows?


2 questions there, and each of them has a different answer.  Let's break them down.


Why haven't rates already preemptively moved much higher?


Simply put, markets know that the coronavirus saga has...

...(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

Fidelity Home Group | Mortgage News | Mortgage Rates
eXp Realty
Tony Fuentes
1999 W. Colonial Dr
Orlando, FL 32804
407-288-5182

© 2020 My Florida Regional MLS DBA Stellar MLS, Inc.. All rights reserved. The data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of My Florida Regional MLS DBA Stellar MLS, Inc. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.10/28/2020 11:26 PM CST
This site powered by CINC: www.cincpro.com