Mortgage Rates for Buying a Home in Northern Virginia Have Likely Bottomed (from April 2018)

The technical movement of prices can be very powerful indicators of future movement.  The 10-yr treasury rate, the key driver for mortgage rates, has displayed a very convincing bottom which indicates the path of least resistance to be upward and higher rates.  Higher rates can have important implications on mortgage rates and home buyer behavior in the Northern Virginia real  …  Read More