mortgage

Mortgage rates fall for the fourth consecutive week | CNN Business

Mortgage rates fall for the fourth consecutive week | CNN Business

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CNN — Mortgage rates fell again this week, falling for the fourth week in a row. The 30-year fixed-rate mortgage averaged 6.33% in the week ending December 8, down from 6.49% the previous week, according to Freddie Mac. A year ago, the 30-year fixed rate was 3.10%. Mortgage rates have risen for most of 2022, …

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The decline in 10-year Treasury yields and mortgage rates is just another rally in the bear market. The longer uptrend in yields is intact, with higher highs and higher lows

The decline in 10-year Treasury yields and mortgage rates is just another rally in the bear market. The longer uptrend in yields is intact, with higher highs and higher lows

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“Nothing goes wrong in a straight line.” This is how functional markets adapt to a new reality: higher inflation, rates. By Wolf Richter for WOLF STREET. There was a lot of talk and hesitation and the Fed kingpin fantasized about the 10-year Treasury yield falling from 4.25% at the end of October to 3.51% at …

The decline in 10-year Treasury yields and mortgage rates is just another rally in the bear market. The longer uptrend in yields is intact, with higher highs and higher lows Read More »