Is it here? Uncertainty Causes Mortgage Rates to Hold | David Reed Uncertainty Causes Mortgage Rates to Hold – David Reed
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In a short week following Presidents Day, the 10-year Treasury yield fell about 8 basis points. However, the 30-year mortgage rate rose 1 basis point to 4.16 percent. This week’s survey once again displays the disconnect between mortgage rates and Treasury yields, a result of continued uncertainty.