📈Normally, I recap rates based on the prior week, but a curveball hit with Trump and Xi Jinping meeting over the weekend. As of Friday, rates had improved slightly. Then over the weekend, it was announced tariffs would be paused another 90 days and drop from 145% to 30%. That news sparked a stock rally, which pushed bond prices down and rates up. The CPI report drops tomorrow, it could bring relief or more pressure. If you are still floating, now might be a smart time to lock in your interest rate, depending on your tolerance for risk 🎲
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