Mortgage Rates Hold Steady as 10-yr Treasury Yields Stabilize

Mortgage Rates Hold Steady as 10-yr Treasury Yields Stabilize

What happened to mortgage rates this week? The Freddie Mac 30-year mortgage rate held steady at 7.4% this week as the 10-year Treasury yield stabilized around 5.2%. September’s CPI came in slightly hotter than expected, and of rising concern is the uptick in core CPI, which suggests that price pressures may be broadening beyond energy
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