Is it here? Mortgage Rates Drop | David Reed Mortgage Rates Drop – David Reed

May 30, 2019
While economic data points to continued strength, financial sentiment is weakening with the spread between the 10-year and the 3-month Treasury bill narrowing as fears of the impact of the trade war with China grow. Lower rates should, however, give a boost to the housing market, which has been on the upswing with both existing and new home sales picking up recently.

Information provided by Freddie Mac.