Last month, rates hit a 7-week low. Investors who were watching the headlines got a moment of optimism. Then the Fed stayed hawkish, the Iran conflict kept inflation elevated, and that window closed fast. As of late July, the 30-year fixed rate averaged 6.58% (Freddie Mac, July 23), up from the 6.43% low we saw
The summer market is giving investors two contradictory signals at once. Here’s how to read them — and where the opportunity lives. The 30-year fixed rate just hit its lowest level in seven weeks. Purchase demand is ticking up. Pending home sales have risen three months in a row. Then you read the other headlines:
We have the experience and team ready to be your partner. Contact us today and learn why real estate investors choose to work with WCP for all of their funding needs.
