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Category Archives: Rates

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Bond yields plunge. What it means for fixed mortgage rates

Mortgage, RatesBy tyson.gobind@gmail.comAugust 8, 2022

Bond yields plunge. What it means for fixed mortgage rates Bond yields dove over 30 basis points on Friday as economic worries start to replace inflation concerns. Bond yields, which lead fixed mortgage rates, fell to 2.84% on Friday, down from 3.15% on Thursday and well off the 3.59% high reached in mid-June. The decline…

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