HomeLoans Blog

Ok, I have suggested over the last several days, that we had established a high level for interest rates. Today I am officially calling it a trend of improvement.

It looks to me like we have had steady improvment since just before Christmas.

Today's Federal Reserve statement has been received with mixed reaction on the bond market, and certainly any solid indicator of increasing strength in the economy will reverse the trend.

But we have an improving trend. Buyers, it will likely not get back to 4.25% or lower. Take advantage and lock in soon. The trend for the year should be higher rates, assuming we actually are in a sustainable economic recovery and all this good news is not simply from unsustainable Federal stimulus.