Uncertainty in the Market Amidst Diverging Mortgage and Treasury Yield Trends
Mortgage rates have been relatively steady over the past month. Since we last reported in January 26th, 30 and 15-year fixed mortgage rates, and 5/1 hybrid adjustable-rate mortgage have all only fallen slightly.
This data was pulled from Freddie Mac weekly survey data for 2017. While we attempt to provide reliable, useful information, we cannot guarantee that the information is accurate, current or suitable for any particular purpose. Estimates are subject to change without notice.
10-year Treasury yields, however, have been following a different trend. 10-year Treasury yields have been fluctuating considerably through February, and the Chief Economist of Freddie Mac, Sean Becketti, claims these diverging trends among mortgage rates and treasury yields demonstrate continued uncertainty in the market.