After reaching 6.28% on June 14th, 30-year mortgage rates have decreased to 5.05% as of yesterday according to Mortgagenewsdaily.com. The 10-year Treasury yield has risen this morning, so it is likely mortgage rates will increase some today. Note: In April, I wrote:
Will 5% Mortgage Rates Cushion the Housing…
After reaching 6.28% on June 14th, 30-year mortgage rates have decreased to 5.05% as of yesterday according to Mortgagenewsdaily.com. The 10-year Treasury yield has risen this morning, so it is likely mortgage rates will increase some today. Note: In April, I wrote: