Mortgage rates fall as markets calm down
Housing Wire
APRIL 14, 2025
Over the weekend, fears rose that the 10-year yield would climb to 5%, leading to 8% mortgage rates. However, Monday morning arrived with a sense of calm. The 10-year yield is now nearing a more balanced position at 4.35%, reflecting what I believe it should have always been after the jobs report two Fridays ago. As I write this, the 10-year yield currently stands at 4.37%.
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