Property News · January 27, 2020

Mortgage rates drop to 5-month low as coronavirus fears fuel the bond market


As fears over the coronavirus roil global financial markets, investors are rushing to the relative safety of the bond market, pushing rates down. The 30-year fixed mortgage loosely follows the yield on the 10-year Treasury.

Source : cnbc.com
Read more…Mortgage rates drop to 5-month low as coronavirus fears fuel the bond market