Long-term Treasury yields fell again Friday, leaving the mortgage market with a modest improvement in its most closely watched bond-market benchmark after a month of sharp swings. The U.S. Treasury’s official daily yield table put the 10-year constant-maturity...
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 surged above 5.05% Wednesday, reaching its highest level since 2007 and creating fresh upward pressure on borrowing costs across the housing and mortgage markets. The 10-year yield jumped 8.7 basis points to 5.054% following...
I keep hearing some version of the same conversation in housing. When the Fed finally gets rates down, buyers will come back. Mortgage rates will improve. Transactions will pick up. Maybe we can finally get this market moving again. I understand why people think that...
HUD Finalizes Citizenship Verification Rule for Public Housing and Section …
