Tagged: 10-Year Treasury Yield

Prime rose to 7% while the 10-year Treasury remained near 5%, giving originators two different borrower conversations

Markets overwhelmingly expect a quarter-point hike, but the Fed’s projections and the bond market’s response may matter more to originators

Fed chair says broader financial conditions remain loose, inflation is too high, and markets should expect less guidance on what comes next

What it means for mortgage pros as Powell talks further cut likeliness, Fed neutrality, his future at the central bank, and more

The spread between mortgage rates and the 10-Year Treasury yield is worth watching.