And let me tell you something. Nothing tilts me more than people cruising in the left lane. The left lane is the passing lane. Regardless of your speed or the situation, if you are not actively passing someone, you should be in the right lane. Here in Florida, folks treat the left lane like it is their permanent residence. We are about 45 minutes from where UVA is playing, and I passed hundreds, only a slight exaggeration, of cars sitting in the left lane on the way here. It was brutal.
Market Notes
Not much to report on the mortgage rate front this past week. Overall, it was a pretty quiet stretch. There was some early-week choppiness tied to the Supreme Court’s ruling on tariffs, but when you look at the overall trading volume, it was largely a neutral event.
Mortgage rates remain near current levels and are at or around three-year lows. There is not much in the way of economic data scheduled for this coming week, so it will be interesting to see how the market digests recent developments and what direction the administration takes next.
Looking Ahead*
Enjoy a wonderful week, and please feel free to reach out with any mortgage related questions or needs.
-Steve-
*All loans are subject to credit approval and program guidelines.