Mortgage Minute with Risha

I had to share this. This chart clearly shows the impact of Key Market/Economic events on mortgage rates via the 10 Yr Treasury Note Yield.  Mortgage rates trend to track the 10 yr Treasury Note Yield, which moves based on investor expectations about inflation, Fed policy and economic growth.

When the Fed signals that rates will remain steady, it can create more certainty in the bond markets, which could stabilize mortgage rates. If investors interpret the pause as a sign that inflation remains stubborn, though it could keep Treasury yields higher, maintaining upward pressure on mortgage rates. A simple way to determine current mortgage rate is by adding 2.125/spread to the current yield and TADA.. you have an idea of the 30 yr rate on that day.. Please let know if yo want to upgrade, buy or sell a home or  if you have any questions/concerns.


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