Mortgage rates rise in anticipation of Federal Reserve rate increase later this year

Mortgage rates rise in anticipation of Federal Reserve rate increase later this year

Mortgage rates climbed higher this week following long-term U.S. Treasury yields. The movement of bonds usually is one of the best indicators of whether mortgage rates will rise or fall. When yields go up, home loan rates tend to follow. With the bond market anticipating a Federal Reserve rate increase later this year, Treasury prices […]

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