Mortgage rates drop to 2-month low—an unexpected holiday gift to housing

Mortgage rates drop to 2-month low—an unexpected holiday gift to housing

2018.12.31
焦點新聞
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產業動態
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美洲
閱覽次數221

 

 

| @DianaOlick

Published 1:32 PM ET Thu, 6 Dec 2018  Updated 6:52 PM ET Fri, 7 Dec 2018

  • Mortgage rates are falling sharply, as investors head to the relative safe haven of the bond market. Mortgage rates follow loosely the yield on the 10-year U.S. Treasury.
  • The average rate on the popular 30-year fixed has fallen 19 basis points in the past week, from 4.94 percent to 4.75 percent on Thursday, according to Mortgage News Daily.
  • The drop comes after the 30-year fixed hit a recent eight-year high of 5.05 percent at the start of November.

 

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