October 26th, 2023 5:58 PM by Cathy Heckman
Well they actually bounce these days like a ball. Mortgage Rates are benched off 10yr note (Bond). As you know the markets move up and down due to Global events, and data from monthly reports, and Quality Corporate Earnings (How well is that companying doing?)
It is important that you stay focused and ready to be able to purchase. When those rates bounce, they will hopefully bounce lower in your direction. Giving you a chance to lock. It has become a game of cat and mouse.
Get the mortgage payments as low as possible.
Cathy Heckman