Interest Rate rollercoaster

You heard it here first this dip in rates won't last. with the new inflation data. Long term rates(15 yr or 30yr fixed) lose value if inflation rises and I suspect the will react very negatively over the next week.

The other issue is real estate values. The idea that waiting for the rates to come down is the prudent thing to do is actual risky. What good is a 4% interest rate if you don't have the equity to qualify. I want to just get the word out that if you have less than 30% equity then this will affect you

Cape Cod Mortgage

Jim Hoben

Rockland Trust

www.jameshoben.com