1302 ET - This week's mortgage rate readout will serve as an important benchmark for the rest of the year, says Realtor.com senior economist Joel Berner. Freddie Mac's rate for a 30-year fixed rate fell 1 basis point to 6.64%. The yield on the 10-year Treasury had been sliding, giving mortgage rates a bit of room to ease. President Trump announced a range of tariffs Wednesday that have sent the markets recoiling, Berner says, and the impact will be seen in mortgage rates reported in the coming weeks. The 10-year Treasury has fallen even further Thursday, with investors exiting the stock market, so it's likely mortgage rates will continue to come down in the coming months as a result. This shock to the system will be felt in the housing market for the rest of the year. (chris.wack@wsj.com)
(END) Dow Jones Newswires
April 03, 2025 13:03 ET (17:03 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。