So the only good thing that seems to be coming out of the Government Shutdown/Debt Limit mess is that mortgage rates have dropped!
This won’t last though for one of two reasons:
1. They resolve the mess and rates jump before you can call to lock in.
2. They don’t resolve this and everything crashes. Stock market crashes and then the bond market crashes and rates skyrocket!
Don’t miss the boat. Spend the last $10K and buy that home or pull the trigger on the refinance. Thank me later when rates are higher. Trust me on this one.
