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Updated 8 months ago, 04/29/2024
Is The Bond Market Affecting Mortgage Rates?
Hello! I'm seeing that mortgage rates have been rising for the past 4 weeks where 30-year mortgages are at around 7% and 15 year-fixed mortgages are at somewhere close to 6.5% now. I've read that this is because of the yields from the 10-year treasuring bonds which have been affected by the interest rates. Does anyone know how true this is and if mortgage rates will keep going up?