Banks moving mortgage rates up fast. Some banks now going to sell a 5 Year Mortgage at 1.99% from 1.59%. Bond yields spiking in the market. More rate hikes will come. #Inflation#rates#mortgages#mortgageingenuity
Market Update 2: Sellers are expected to return to the market, and new construction, which has risen at a year over year pace of 20% or more for the last few months, will provide some additional relief with regards to short supply. #sellers#buyers#homebuying#update#mortgageshttps://t.co/o2oNam9eQB