Good Times! May 6, 2021

Mortgage interest rates have remained under 3.0% for three consecutive weeks. Consumer income and spending are picking up, which is leading to an acceleration in economic growth. The combination of low and stable rates, coupled with an improving economy, is good for home buyers. It’s also good for homeowners who may have missed prior opportunities to refinance and increase their monthly cash flow.  In summary, it is a good time in the mortgage industry!