- Housing News
- August 8, 2019
Interest Rates Drop: What Does It Mean?
With the 10 Year Treasury approaching historic lows, learn what this could mean for interest rates.
Jason has 23 years of executive experience and expertise in the mortgage industry, developing and managing Capital Markets for financial institutions. He's held positions as Chief Investment Officer, EVP Capital Markets, EVP Financial Strategies and other similar roles for Kinecta Federal Credit Union, Countrywide/Bank of America and New American Funding.
Currently, he is responsible for managing pricing, trading, hedging, investor relationships, warehouse financing, MSR management, liquidity, etc. Jason also authors the Housing Market Update, a regular feature on the New American Funding blog which gives depth and perspective to today's economic news. Jason attended the University of California where he received a BA in Economics and is a member of several prominent mortgage industry trade organizations.
With the 10 Year Treasury approaching historic lows, learn what this could mean for interest rates.
With the 10 Year Treasury at its lowest since Nov. 2016, economic concerns continue to grow.
With no trade deal, pressure on the market may cause the Federal Reserve to lower interest rates.
Trade tensions have caused the 10-Year Treasury to drop. Does this mean a mini refinance boom?
Strong jobs. Subdued inflation. A healthy stock market. But what might the future hold?
Have you heard? The FOMC has confirmed that rates will stay constant with no increases ahead.
Interest rates for consumers and homebuyers have gone down. It's all a case of supply and demand.
Since our last update, there has been very little movement in the market, specifically interest rates. The 10-year currently sits just under 2.70% and as of right now volatility has been very low.
In the past 30 days, we've seen interest rates drop and drop. The 10yr, which recently traded as high as 3.24%, a level not seen since 2011, is down to 2.85%
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