Last Week in Review: Three Things to Follow This Summer
Home loan rates continue to hover at historic lows, presenting an incredible opportunity for existing and future homeowners.
Will rates move another leg lower or is this the bottom? Stocks had a rough week. What’s next for them?
There are 3 things to track as we move through summer:
The next directional move in the financial markets and the overall economy will likely be determined by the first two bullets, with the technicals further confirming this move.
Bottom line: With rates at all-time lows, now is a wonderful time to lock in a mortgage. No one knows what the future will bring, but we do know the policy response will continue to grow which generally helps Stocks and limits Bond/rate gains.
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