Скачать или смотреть 10.22 Market Update October Mortgage Bond Trends for the Last Few Years and What They Mean for You

The bond market is showing a concerning trend, with bond prices dropping significantly and rates increasing. In 2022 and 2023, rates peaked in October but subsequently fell back to pre-October levels. This year, while prices have decreased and rates have risen again, there’s potential for a similar drop based on past patterns.

This week is light in terms of news, but the following weeks will bring important market data. For homebuyers, the market is more favorable, with homes staying on the market longer and sellers more willing to negotiate.

Now is a great time to consider our Inflation Buster program, the 2/1 Buydown. This loan program buys down your rate for the next two years, allowing you to get the home you want at a better price and ideally bridge the gap between the rates anticipated in coming years and those currently available. You can learn more here:    • The 2/1 Buydown. Keep your rate lower whil...  

If you're considering refinancing, it's crucial to have a target rate in mind so you can act quickly when opportunities arise. Despite current market conditions, we know a solid strategy leads to success in any market.

The Tuttle Group is always here for you when you're ready, and just a call, text or email away. To get started go to LoanWellnessCheck.com.