Treasury yield plummeted at the beginning of August after a confusing post-meeting press conference by Fed Chairman Powell. That was followed by an escalation in the trade dispute between the U.S. and China.
In the “Treasury and Mortgage Rates Perspective, August 2019” whitepaper, Bill Berliner, Director of Analytics at Mortgage Capital Trading (MCT), explores the recent drop in Treasury and mortgage rates.
Berliner utilizes illustrative charts to discuss the historical context for this change, how mortgage rates have performed, and why they have lagged the drop in Treasury yields.
Download the Treasury and Mortgage Rates Perspective, August 2019 whitepaper to learn what rates may do from here and how it might affect the mortgage and housing markets.