The Key Bond Rate That Affects Mortgages

Dated: September 27 2018

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More bad news coming for the real estate industry...

  • The 10-year Treasury yield, which influences mortgages and other business and consumer loans, looks set to break higher, strategists say.

  • The Fed is meeting Tuesday and Wednesday and is expected to raise rates by a quarter point, but it is the Fed comments that could determine how much yields move higher.

  • Strategists do not foresee runaway yields, but they do say the 10-year could head into higher territory.

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