Home loan rates fell recently. Can they go lower?
Home loan rates fell recently after a harsh couple of months of increasing rates. The concern now is whether rates can keep going lower, or if recently was simply a time out in the home mortgage rate storm before the spring home-buying season enters into full speed.
10-year yield and home loan rates
My 2025 projection consists of:
A variety for home mortgage rates in between 7.25%-5.75%
A variety for the 10-year yield in between 4.70%-3.80%
After the most current tasks report, the 10-year yield surpassed my peak level projection for 2025. Home loan rates did not increase above 7.25% like last year, yields exceeded my expectations for this early in the year.
Recently, the CPI information was available in somewhat listed below the projection for Core CPI regardless of th...