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mortgage rates

A collection of 3 posts

Peter Schiff Says the 10-Year Treasury Will Top 5.5%, Mortgage Rates Will Pass 8%

Peter Schiff is sounding the alarm on bonds again. The economist says the 10-year Treasury yield will soon break 5.5%, and if it does, mortgage rates will climb above 8%. The 10-year is already near 5.3%, its highest level since 2002. The 30-year Treasury has

7% mortgage rates regarded as the 'new normal' by Compass CEO

Per Business Insider The CEO of Compass, Robert Reffkin, described 7% mortgage rates as the new normal. This came in an interview with CNBC, where the CEO said that home buyers would just have to accept the new rates. Reffkin previously said that 6% was the new normal but has

Americans think mortgage rates could increase past 8% in the next 12 months

Per NY Feds Americans aren't too optimistic about the future of mortgage rates as they expect it to blow past 8% in the next 12 months. This was compared to the 11.5% in February of last year. Regarding real estate for investment or personal use, the New