Mortgage Rates Remain High Despite Easing Tariffs
Mortgage rates are unlikely to decrease anytime soon due to a sharp sell-off in government bonds. The 10-year Treasury bond yield has surged about 9% since its lowest point in April, reaching around 4.4% as of Thursday afternoon. This jump is the sharpest one-day increase since March 2020 and has kept 30-year fixed mortgage rates … Read more