Watching the charts on mortgage-backed securities trading today it has the feel that the bond market is reversing its course. This is good news for mortgage rates as it looks like momentum is shifting towards possible lower rates ahead.
It is still early. I will be watching closely. Check back here for regular updates if you are interested in what might be in the near future for mortgage rates.
BG
www.brettgrendahl.com
@brettgrendahl
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