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Rates Better: Not a Joke! Yes, the timing of this is not helpful to believe but the Mortgage world is seeing a betterment to interest rates! The current average 30yr FRM for a conventional loan is just hovering at 6.65%. that is if you are wanting to put 20% down and buy down your rate! Over the last 3 days markets have been testing supports and resistance, but today of all days, we have broken through the ceiling with Mortgage-Backed Securities. The big reason for all of this is because on April 2nd, the T-word (Tariffs) will be enforced. There are a plethora of factors that play into why Mortgage Rates are benefiting from this uncertain economic move, but the video covers that. To let you know how important today is, we have officially entered the best rate market for 2025. Mind you, there is still momentum to spare. Join us in today’s Market update to get a bit of serious news and forget all the jokers out there!