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Ron Siegel’s Mortgage Market Update brought to you by Geneva Financial July 11 2023
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In Today's Mortgage Update:
-Mortgage rates today could be more favorable than yesterday morning's offers, yet close to any improved rates you might've noticed later in the day.
-Big happenings tomorrow could shake things up: We're awaiting the release of the Consumer Price Index inflation data and observing the 10-year Treasury bond auction and Federal Reserve's Beige Book report.
-The market's slow response to a likely second Federal Reserve rate hike this year means we might see a sudden surge in mortgage rates.
-It might be wise to lock your rate now, given the uncertainty. However, risk-takers might benefit if rates do indeed improve.
This is just a quick snapshot. For a deeper dive into what these developments could mean for your mortgage, I encourage you to read the full report. Remember, knowledge is power when it comes to home finance!
For a more detailed breakdown, I invite you to read the full report. It's important to stay informed, and I'm here to help you every step of the way. Let's secure your future home together! Get this report from a friend? Subscribe and receive it daily ABSOLUTELY FREE at http://www.RSRMarketMinute.com
-Mortgage rates today could be more favorable than yesterday morning's offers, yet close to any improved rates you might've noticed later in the day.
-Big happenings tomorrow could shake things up: We're awaiting the release of the Consumer Price Index inflation data and observing the 10-year Treasury bond auction and Federal Reserve's Beige Book report.
-The market's slow response to a likely second Federal Reserve rate hike this year means we might see a sudden surge in mortgage rates.
-It might be wise to lock your rate now, given the uncertainty. However, risk-takers might benefit if rates do indeed improve.
This is just a quick snapshot. For a deeper dive into what these developments could mean for your mortgage, I encourage you to read the full report. Remember, knowledge is power when it comes to home finance!
For a more detailed breakdown, I invite you to read the full report. It's important to stay informed, and I'm here to help you every step of the way. Let's secure your future home together! Get this report from a friend? Subscribe and receive it daily ABSOLUTELY FREE at http://www.RSRMarketMinute.com