Connecting 3D/360° Virtual Tour Buyers to Service Providers powered by
the Most In-Depth, Relevant and Up-to-Date Content and Training for the 3D/360° Community
Join FREE! 50+ Benefits
Find a 3D Tour Photographer Map
We Get Around Network Find a Pro Service
Matterport Service Provider? Join We Get Around Network
Book a Matterport Pro in 60 Seconds
We Get Around Network Instant Booking Service
Matterport Service Provider (USA)? Join KoaWare Free! Register Now
One Order  |  One Quote  |  One Contact
Book Multiple USA Commercial Locations
  • ✔  As-Builts
  • ✔  Construction Progress
  • ✔  Facillities Management
Last 30 Days: 53,906 Page Views | 13,079 Visitors | 106 New Members
WGAN Knowledge Base | Total Posts: 63,065  |  Total Topics: 9,884
5,464 WGAN Members in 129 Countries
We Get Around Network Forum
WGAN-TV Training U in Matterport
WGAN-TV: Live at 5
Matterport Meets Insurance Underwriting and
Risk Management with Brandon A Donatelli
WGAN-TV Training U
21 Subject 'Matter' Expert Instructors
30+ Courses | 10+ Major Topics
Training via Recorded Videos
Save 15% on Virtual Tour Pro WGAN-TV Program Schedule | Need Help? | Podcast
Mortgage RatesNewsThe Wall Street Journal

Will falling mortgage rate result in more buying/selling homes?9955

WGAN Forum
Founder
DanSmigrod private msg quote post Address this user

Chart from The Wall Street Journal showing mortgage rates dropping in tandem with 10-year Treasury yields.

Hi All,

According to today's (9 August 2019) Wall Street Journal:

"Falling bond yields have pushed mortgage rates to their lowest level in nearly three years, spurring a rush by homeowners to refinance."

"The rate on a 30-year, fixed-rate mortgage fell to 3.6%, Freddie Mac said yesterday [8 August 2019], compared with nearly 5% in November 2018. Mortgage rates are closely linked to yields on 10-year Treasury notes, which Wednesday fell to 1.675%, the lowest since October 2016.

"Low interest rates often boost the homebuying market, but worries about the economy—telegraphed by the low rates—may hold purchasers back."

Source: The Wall Street Journal

By the way, it might be a good time to refinance your mortgage.

Best,

Dan
Post 1 IP   flag post
WGAN Forum
Founder
DanSmigrod private msg quote post Address this user
Inman (9 August 2019) Today's mortgage rate was set yesterday by China

(Subscribe to Inman: Save $20)
Post 2 IP   flag post
63857 2 2
This topic is archived. Start new topic?
destitute