The Senate recently passed a budget resolution which will greenlight the $1.9 Trillion Dollar relief package.
This means that more Treasuries will need to be issued to pay for this package. The additional supply of Treasuries in the marketplace can cause rates to move a little higher.
If you have been thinking about refinancing or purchasing a home, now is the time. Rates are still near all-time lows and there is still an amazing opportunity to create wealth through home ownership.
Experts are predicting 6% home price appreciation in 2021. A $300,000 home would gain $18,000 in just one year with 6% appreciation.
Contact Chris Graves at 978-376-5389 to take advantage of these extremely low rates while they are still available.