Real Estate Matters with Tim Bro
Market Trends – What’s Up or Down?
What’s up … or down … with the fed and rates? 10 year treasury note at lower rates than 3-month T-bills. Yield curve inversion! So what? Historically that has been one of the leading indicator for a near term recession.
The result is that the fed has actually signaled that rate cuts may be coming. The fed does not directly control home loan rates. However, a Fed move typically has an effect on home loan rates.
THE BOTTOM LINE – We are experiencing a strong economy, resulting in 2- year lows for home loan rates. Great time to buy, especially your golf course home.
If you know someone who may want to buy, have them call Tim Brodowski @ 858-354-2354, “The Right Choice in Real Estate”.