11/13/2025
As of this morning the government has reopened. We expect to receive economic data that will show weakness which is bond friendly and will help lower mortgage rates.
Some of the nation’s largest lenders/banks, including Bank of America, Wells Fargo, and Morgan Stanley, have been buying longer-term Treasury/Bonds. They believe these investments will be profitable because they feel rates will be heading lower. While it’s not a guarantee, it’s encouraging to see that a lot of the smart money is thinking that rates will be headed lower!
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The Guthrie Team 🤩