In brief: The benchmark 10-year U.S. Treasury yield finished Friday at 5.00% on the Treasury Department’s daily par-yield series, up from 4.96% Thursday, while Brent crude settled at $116.72 a barrel. For mortgage lenders and homebuyers, the combination keeps...
The 10-year Treasury yield surged as high as 5.27% Monday, extending a bond-market selloff that is putting renewed upward pressure on mortgage rates and further tightening affordability for homebuyers. The benchmark yield pulled back to about 5.23% late Monday, up...
The benchmark 10-year U.S. Treasury yield crossed 5% on Monday, a threshold it had not breached since October 2023, adding another jolt to mortgage pricing just one day before the Federal Reserve begins a two-day policy meeting. The move matters immediately to the...
Consumer prices rose 0.4% in August as energy costs jumped and shelter inflation accelerated. For a housing market already dealing with mortgage rates around 7%, the bond market’s reaction may be the bigger story. Homebuyers looking for relief from mortgage rates...
Sunrise Realty Trust Earnings Fall as Southern Realty Merger Closes
