We have significant turbulence in the bond market this week, and most think it can’t get any worse. The jobs report tomorrow will probably dictate the next movement, but for now the 30-year mortgage rates are around 4%.
If rates go above 4%, is it nervous time?
Not really – rates were in the fours virtually all of last year. We’ve been spoiled the last few months!
Finding a worthy house to buy is the problem.