Hi Friends, Mortgage interest rates have moved slightly lower since my last update, due to a decrease in the 10-year treasury and 30-year bond yields. As of April 16th, 2021, Rates were .25% lower than they were the same time a year ago and .25% higher than they were on February 11th, 2021. The markets continue to be volatile and there promises to be more inflationary pressure in May and June of 2021, which will likely cause mortgage rates to rise up again.
my loan processor, Althea Huber at AHuber@c2financialcorp.com, 949449-3966.
As I write this update, I am on a live aboard SCUBA dive ship anchored off the coast of San Benedicto Island,
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AM, with four dives today running until 5 PM. These islands boast huge schools of sharks including hammerheads, Galapagos sharks, silver tips, white tips, black tips, silky sharks, and an occasional tiger shark. We will dive with 25-foot-wingspan pelagic manta rays, pods of bottlenose dolphins, and if we are lucky, whale sharks, the largest fish in the ocean.
After SCUBA diving with over 1,000 dives under my belt, I am finally able to dive one of the holy grails in the world of diving. I will send photos in the next newsletter and will post them to social media.