Rates for home loans fell, with no bottom in sight as investors increasingly brace for slowing economic growth.
The 15-year adjustable-rate mortgage averaged 3.71%, down from 3.76%. The 5-year Treasury-indexed hybrid adjustable-rate mortgage averaged 3.84%, unchanged during the week.Fixed-rate mortgages follow the benchmark U.S. 10-year Treasury note TMUBMUSD10Y, -0.29% , although they move with a bit of a lag. Investors have been piling into bonds over the past week, betting on a more dovish stance from the Federal Reserve.
Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più: