• jimshorkey

Mortgage Rates Stay Under Three Percent: April 29, 2021

U.S. Treasury bonds stopped moving up a month ago and have remained within a narrow range as the market digests incoming economic data. The good news is that with rates under 3%, refinancing continues to be attractive for many borrowers who financed before 2020. For eager buyers, especially first-time homebuyers, inventory continues to be extremely tight and competition for available homes to purchase remains high.