Some News About Our Market’s Interest Rates

 


Interest rates are moving in a downward direction and are
showing no signs of changing for at least a year—but why? I’m
joined by Tom Ross from Bay Equity to answer that.

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Today I’m alongside Tom Ross with Bay Equity Home Loans and,
together, we’re here to discuss our current interest rate
environment. 

By the end of this May, we saw a notable development with regard to
interest rates: The combination of tariffs and various other
economic conditions are driving rates down, and this downward trend
doesn’t look like it’s going to slow or move in the other direction
anytime soon.



“

The combination of tariffs and various other economic
conditions are driving rates down.

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Although market indicators tell us that rates will continue their
current trajectory for the next year or so, it’s worth pointing out
that, last year, we were confident that rates would continue to
rise well into the high-5’s. It wasn't until the Fed announced a
change of course in their policy decisions early this year that we
knew we could see rates flatten out or begin to fall. 

All things considered, conditions are very favorable at this
moment, and it’s a great time to get into the
market.  

Whether you’re considering buying or refinancing, go ahead and give
Tom a call at 602-791-5861. We’d love to help you as a team! And if
you have any other questions regarding your real estate needs,
please reach out to me as well. We hope to hear from you soon!