Rates and What is Happening in Bonds

rates Fixed and Arms-page-001 (5)

Click here for the PDF Version.

Where should we start? A 15,000 DOW……now back up at 16,117. Should we discuss a 10 year T-Bill that hit 1.85 two days ago and is back to 2.15 at today’s closing bell. If you read that last sentence again, you should be baffled on how that could possibly happen. By looking at a chart there is no rhyme or reason as to how rates could be so volatile in such a short period. We had three rate changes yesterday within six hours. One down and two up. Interest rates haven’t been this low since May of 2013 so it is an ideal time to take advantage of this opportunity.

These are the times when cool heads prevail. Take the opportunity to share with clients that we can lock their rate at contract acceptance and can float the rate down if it moves by a .25% or more (for conforming programs). It is a great way for clients to take advantage of today’s low rates without having fear rates may lower and they won’t be able to capitalize.

Did you push hard on a transaction this week and question your motive…thoughts….actions? Miguel Angel Ruiz said “Always do your best. Your best is going to change from moment to moment; it will be different when you are healthy as opposed to sick. Under any circumstance, simply do your best, and you will avoid self-judgment, self-abuse and regret.”

class="last-menu-itemve-menu" class="">
  • Apply Online
  • Contact