The rally in the bond market, which began at the end of June continued to build momentum last week. There were two main contributors continuing to fuel the summer long rally.
Threats from North Korea continue to cause global unrest. Investors are looking for safer investments with the possibility of another missile test.
The other contributor came from Europe, where the European Central Bank President called for further easing with their monetary policy. These comments were in stark contrast to sentiments he felt about the trajectory of the European economy only two short months ago. Economists are paying close attention as the tune seems to be changing about the strength of the global markets.
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