Wednesday, January 23, 2019

Bad News is Good



There’s a lot of uncertainty in the world right now:  PUGS (partial US govt. shutdown), the Brexit failure, low attendance in Davos, Switzerland, and a Trade War that is destabilizing our economy.  When the worlds problems hit the fan, investors go running for the safety of bonds. When money flows into bonds, then the yield goes up for mortgage backed securities, therefore, rates go down.  The bottom line is that there is a window of time to lock in a great rate before clarity settles in and rates go up. CLICK HERE for Article


The Easterbrook Team
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