10 Year Treasuries at One Year Lows, Mortgage Rates Going Lower?

Yields on 10 Year Treasuries are at a one year low. On the heels of today’s FOMC statement and subsequent comments by Fed Chairman Powell, interest rates on Treasuries dropped, with the 10 Year yield nearing 2.50%. Should these levels be maintained or go even lower, mortgage rates are expected to drop further.

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