Damn It All

Fixed Rates Going UP Trump's strategy of keep the Strait of Hormuz closed is leading to another spike in Oil Prices = Higher Inflation = Higher Fixed Mortgage Rates Unless there is a sudden pullback in Oil we will likely see Fixed Mortgage Rates bounce up another 20 BPS In late February a great Fixed Rate was 3.69% now it's 4.19% soon to be 4.39% Ron breaks it down