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Each of the last eight U.S. recessions dating back to the 1960s has come after the 10-year Treasury yield fell below the three-month Treasury yield, for example.
Rates on a 15-year mortgage stand at an average 6.17% for purchase and 6.20% for refinance, up 7 basis points from 6.10% for purchase and 9 basis points from 6.11% for refinance this time last week.
Rates on a 15-year mortgage stand at an average 6.11% for purchase and 6.13% for refinance, down 6 basis points from 6.18% for purchase and 6.22% for refinance this time last week.
The 10-year Treasury note yield reached a milestone high — a bad sign for consumers. Higher mortgage and credit card rates are here. What the bond market means for you
Average mortgage rates continue to push higher week over week as of Thursday, October 31, 2024, edging the fixed rate on a 30-year term closer to 6.90% — the highest level since early June.
The consumer price index released on October 10 showed inflation cooling to its lowest level since February 2021, with a 2.4% year-over-year increase in consumer prices in September, down from 2.5 ...
Rates on a 15-year mortgage stand at an average 6.13% for purchase and 6.17% for refinance — no change from 6.13% for purchase and down 3 basis points from 6.14% for refinance this time last week.
Mortgage giant Fannie Mae likewise raised its outlook, now expecting 30-year mortgage rates to be at 6.4 percent by the end of 2024, compared to an earlier forecast of 5.8 percent.