General World News

Are mortgage rates about to fall?

Mortgage rates and the bond market have fallen a bit recently and the spreads between
the 10-year yield and 30-year mortgage rate have improved over last year’s levels. In the past two years, demand has always picked up whenever mortgage rates have moved lower with some duration. Even last week, purchase apps grew week to week. What should we expect this week and what should we focus on for the rest of the year?

Although the 10-year yield and mortgage rates have moved lower recently, they have been in an uptrend higher since the early part of the year. On Friday, details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com