U.S. average 30-year mortgage rate rose to 7.17% from 6.35% a year ago, highlighting tighter housing finance conditions. The 10-year Treasury yield was 4.96%, leaving a mortgage-Treasury spread of 221 basis points.
published
U.S. average 30-year mortgage rate rose to 7.17% from 6.35% a year ago, highlighting tighter housing finance conditions. The 10-year Treasury yield was 4.96%, leaving a mortgage-Treasury spread of 221 basis points.
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