Will rates allow for ‘peak’ homebuying season?

Over the last two months with economic uncertainty, the bond market has responded and the yield for the 10-year treasury has declined by 60 basis points from 4.8% to 4.2%. The 30-year fixed mortgage has followed suit, recently falling as low as 6.75%, the lowest level since mid-December. It’s quite obvious that stubbornly high mortgage […]