What’s Saving Us From 7%+ Mortgage Rates?

The gang from Sell for 1 Percent unpacks why the 10-year bond yield is at a three to four-year high, pushing mortgage rates toward that critical 7% threshold. While rates are up, the most interesting factor is the mortgage spread—the gap between the bond yield and your rate—which is so compressed right now it’s single-handedly keeping rates in the upper sixes instead of the upper sevens. For Columbus homebuyers, this creates an opportunity: with 52% of local listings doing price cuts, buyers can negotiate a good price now and plan to refinance if rates ever drop again.

Watch the full video on YouTube: https://youtu.be/U2idvstK62w

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