Uncertainty is the problem

Uncertainty is the problem 😵‍💫

The market is still uncertain as to what to expect from the new administration. That uncertainty is affecting the bond market and is causing the mortgage rate to go up rather than go down after two rates cuts from the Fed. 

Let’s hope the administration can give the market the certainty it seeks. 

#realestate #mortgagerate #HousingMarket #siliconvalley #sanjoseca #santaclara #stevemungroup