Gotta love ZERO RISK in the SP500 = $$$

Ugh ohhhhh....

Looks like a print at 5% will soon be here....



Mortgage rates are surging to the highest level in 7 years

  • The average contract rate on the 30-year fixed will likely end the day as high as 4.875 percent for the highest creditworthy borrowers and 5 percent for the average borrower.
  • Tuesday's move follows positive economic data in retail sales, suggesting that newly imposed tariffs would not hit sales as hard as expected.
  • The surge in rates could not have come at a worse time for the spring housing market.
 
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