Your mortgage rate has a growing problem in the bond market
Bond yields keep climbing. Mortgage rates won't come down. Both problems point to the same cause.
Bond yields keep climbing. Mortgage rates won't come down. Both problems point to the same cause.
BELLINGS Intelligence Score: 65
Why it matters
Rising bond yields causing persistent high mortgage rates represent a significant monetary-policy signal that affects borrowing costs broadly, influencing credit availability and refinancing decisions for a large segment of the economy and credit markets.
Sources
TheStreet
Your mortgage rate has a growing problem in the bond market
Bond yields keep climbing. Mortgage rates won't come down. Both problems point to the same cause.