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Treasury Market and Mortgage Rates Mortgage rates generally rise and fall along with yields on Treasury securities, which reflect the overall direction of interest rates. Yields on 10 and 30-year Treasury securities are typically used to set long-term mortgage rates.
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This article is reprinted by permission from NerdWallet. The first half of 2019 surprised housing markets across the country: Mortgage rates fell. That’s the opposite of what the experts had predicted.
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After moving sideways for a couple of weeks, mortgage rates have gone tumbling again and have turned back the clock to a very memorable time. Rates this week have fallen now in seven out of the last.
Gov. Gavin Newsom’s administration said Friday it would begin work on transferring $331 million back into a special fund.
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· See today’s mortgage rates from lenders in your area. Get the best mortgage rates by comparing mortgage rates for 30 year fixed, 15 year fixed & 5/1 ARM mortgages.