"Ron has amazing insight into the financial and real estate markets."
doug waldman
Ron Siegel’s Mortgage Market Update brought to you by Geneva Financial July 12 2023
Page 1 of 1
Great news for those eyeing the housing market! Here's a quick snapshot of today's mortgage landscape:
-Today's mortgage rates are better than yesterday, thanks to positive reactions from bonds to recent inflation data.
-The market doesn't expect a second rate increase from the Fed, but if sentiment shifts, rates could rise again.
-The latest inflation data shows the lowest core inflation since 2021, a potential turning point that's causing a rally in bonds.
-For your home loan, you can cautiously float, but consider locking in your rate if bonds start to lose their gains.
For a more detailed understanding, I encourage you to visit the full report. It's always a good idea to stay informed about these changes as they can significantly impact your home financing decisions.
Get this report from a friend? Subscribe and receive it daily ABSOLUTELY FREE at http://www.RSRMarketMinute.com
-Today's mortgage rates are better than yesterday, thanks to positive reactions from bonds to recent inflation data.
-The market doesn't expect a second rate increase from the Fed, but if sentiment shifts, rates could rise again.
-The latest inflation data shows the lowest core inflation since 2021, a potential turning point that's causing a rally in bonds.
-For your home loan, you can cautiously float, but consider locking in your rate if bonds start to lose their gains.
For a more detailed understanding, I encourage you to visit the full report. It's always a good idea to stay informed about these changes as they can significantly impact your home financing decisions.
Get this report from a friend? Subscribe and receive it daily ABSOLUTELY FREE at http://www.RSRMarketMinute.com