The 2-year Treasury yield on Tuesday edged down from its highest level in more than 15 years as investors awaited results of a U.S. midterm election that will determine control Read more
Tag: 15year
2-year Treasury yield rises to 15-year high ahead of economic data
The yield on the policy-sensitive 2-year Treasury note ended the New York session Monday at a 15-year high as investors await this week’s October inflation report for further clues to Read more
U.S. stock futures rise as bulls shrug off short Treasury yields near 15-year highs
U.S. stock futures rose even as short-term Treasury yields hovered near their highest since 2007 after last week’s Fed rate hike, a relatively robust jobs report and ahead of important Read more
‘Bad news for homeowners’: The number of homes on the market is rising. That’s unusual for this time of the year.
It took a while, but it’s finally happening — the number of for-sale listings on the market is rising, even during what is generally a slow season for the real-estate Read more
Mortgage bankers expect rates to drop to 5.4% in 2023. What will home prices do?
NASHVILLE, Tenn. — High mortgage rates and recession fears are hurting home prices, so expect growth to be flat this year, one expert says. “Our forecast is for home-price growth Read more
U.S. 10-year yield reaches new 15-year high as terminal Fed rate view tops 5%
The yield on the benchmark U.S. 10-year Treasury reached a new 15-year high on Friday, continuing its upward march on expectations of further Federal Reserve interest rate hikes. What’s happening Read more
2-year Treasury yield eases from 15-year high
Bond yields slipped Friday after reaching milestone highs following hot inflation data, as a key report on retail sales awaits. What’s happening The yield on the 2-year Treasury TMUBMUSD02Y, 4.426% Read more
Mortgage rates dip slightly to 6.66%, but have doubled from a year ago
The numbers: Mortgage rates took a breather from its march towards 7% this week, as the economic outlook looks uncertain. The 30-year fixed-rate mortgage averaged 6.66% as of Oct. 6, Read more
Mortgage rates dip slightly to 6.66%, but have doubled from a year ago
The numbers: Mortgage rates took a breather from its march towards 7% this week, as the economic outlook looks uncertain. The 30-year fixed-rate mortgage averaged 6.66% as of Oct. 6, Read more
Mortgage applications fall to the lowest pace in 25 years in latest week
The numbers: A surge in mortgage rates, and evacuations due to Hurricane Ian, both seriously dampened demand for home purchases and refinances. Rates are inching even closer to 7%, and Read more
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