Mortgage rates see fourth straight increase. What does this mean?
The uptick in the cost of home loans reflects a rise in the bond yields that lenders use as a guide to price mortgages, specifically the yield on the US 10-year Treasury. The yield on the 10-year Treasury has climbed from 3.62 percent in mid-September to 4.66% this week.
Last year, the path to lower mortgage rates seemed relatively straightforward: Official inflation would go down, the Federal ...
These are today's mortgage and refinance rates. Mortgage rates have gone up recently, and sticky inflation this year could ...
Global economic conditions and geopolitical events can also influence mortgage rates through their impact on the bond market.
In the last decade, as more and more homebuyers financed their purchases with mortgage rates in the 4s or lower, an ...
These are today's mortgage and refinance rates. Mortgage rates have been elevated this month, but they may still trend down ...
“Even by the end of next year, it’s hard to see sub 6 percent mortgage rates,” said Mark Fleming, chief economist at First ...
The strength of the economy — and persistent inflation — is doing no favors for buyers begging for a downturn in rates.
As we step into the new year, with the presidential inauguration on the horizon, many are wondering about the direction of ...
Today, the mortgage interest rate on a 30-year fixed mortgage is 7.35%, according to Curinos. On a 15-year fixed mortgage, ...
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