Long-Term Yields Poised to Fall – Lower Mortgage Rates Near
BarchartSun May 19, 10:51AM CDT
Are you looking to buy a new home or refinance at a lower rate? The media is talking about rates being higher for longer. And they are correct about short-term rates that don't impact mortgages as much as longer-term yields do. While the Fed plays political games to garner votes with short-term rates, the long-term yields that the Fed does not control have a seasonal pattern that typically results in lower yields. Understanding this seasonal pattern could save consumers thousands of dollars. When can we expect to see lower yields?