Mortgage And Refinance Rates, July 7 | Rates holding steady today
Mortgage And Refinance Rates, July 7 | Rates holding steady today
Abstract
The yield on 10-year Treasury notes rose to 2.95 from 2.83% (Bad for mortgage rates) More than any other market, mortgage rates normally tend to follow these particular Treasury bond yields. Energy prices play a prominent role in creating inflation and also point to future economic activity. Gold tends to rise when investors worry about the economy. But even if those early signs become a reality, it will take months for any benefits. It will take years for any Benefits to feed through.. to feed into the inflation rate.
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