02/28/2026
For everyone looking to refinance, hang in there, we me have crossed over the threshold into the promised land! π€π€
This is the 10Yr Treasury Note, it follows the overall trend of mortgage rates. We have bounced off 4.00% five times over the last 3 years, and even broke under once only to sky rocket days later.
4.00% has been a "hard floor". This week we finally broke under it again. But this time feels different, we shall see.
If it can stay under 4.00% for a couple weeks we may see lower rates on the horizon! πππ₯³
** Keep in mind it will be a slow choppy ride downwards. Rates dont go from 6.00% to 5.50%, they go down a bit, up, down further and so on.
If you're thinking of or have been waiting to refinance, call me today and let's figure out a good strike rate for your long term goals! 949.370.4815.
We can monitor the rate market for you and call when it hits!
Let's pray we just crossed over the threshold to lower rates! ππΊπ²π₯