Mortgage rates plunge to 11-month low on Fed rate cut hopes, and many lenders may quote in the high 5% range
Bond yields tumbled as the weaker-than-expected jobs report raised expectations for rate cuts from the Federal Reserve. That sent the…
Tag: 11month
Mortgage rates drop to 11-month low, but buyers are holding back
Mortgage rates fell over the last week as the 10-year Treasury dropped as investors grew uncertain about the future of…