A "For Sale" sign is seen in front of a home on May 30, 2019 in Miami, Florida.Escalating trade-war tensions sent investors rushing to the relative safety of the bond market late last week, pushing the yield on the 10-year Treasury, which mortgage rates loosely follow, down sharply. The average rate on the popular 30-year fixed mortgage hit 3.7% on Friday,, according to Mortgage News Daily. That rate will likely dip even lower, if bond yields continue to fall.
75% off their current interest rate by doing so, according to Black Knight, a mortgage software and analytics company.A trader looks on as a screen shows Federal Reserve Chairman Jerome Powell's news conference after the U.S. Federal Reserve interest rates announcement on the floor of the New York Stock Exchange, July 31, 2019.in the face of repeated attacks by Trump in an extraordinary joint commentary for The Wall Street Journal.
Things to know for traders? Or for investors? Stop conflating traders and investors.
they’re out of stock
Bitcoin is all you need to know.
6. Don’t believe analysts, because they don’t know anything. Markets are based on feelings, not fundamentals... and they hate uncertainty