Market Update: September 20, 2018
For the last couple of weeks, we've seen interest rates creep up and up. In fact, the yield on the 10yr Treasury is now over 3%; something that hasn’t happened very often since the financial crisis. The graph on your screen shows the 10yr for the past 8 years. What’s interesting is the fact that the 10yr has not sustained a 3+% yield for 30 straight days since 2011.
- Sep. 20, 2018
- Mortgage News