Low Rates, High Stakes: Understanding the Why Behind Massive Penalties in Your Future

In today’s ever-changing economic landscape, the environment for mortgage rates is akin to a roller coaster ride. The recent dip in bond yields has led to a decrease in fixed rates, making it an interesting time for those navigating the real estate market. However, predicting the direction of these rates has become increasingly challenging, especially considering the past year’s excessive increases in both fixed and variable rates.