Mortgage rates have demonstrated relative calm in the midst of significant economic developments, including a Fed meeting and political calls for leadership changes. Most notable this year is the lower volatility in mortgage rates, influenced by the Godzilla tariffs which temporarily impacted the 10-year yield. Despite minor increase in mortgage spreads when the stock market dipped into bear territory, the overall market environment has kept rates stable. The forecast suggests mortgage rates will range from 5.75% to 7.25% in 2025, with current yields reflecting this moderated volatility as long as economic indicators remain steady.
Mortgage rates have remained stable amidst fluctuating economic conditions, with forecasts suggesting ranges between 5.75% and 7.25%, indicating a calmer market this year.
The Godzilla tariffs caused a significant but temporary drop in the 10-year yield, but since then, rates stabilized as the stock market recovers, limiting volatility.
Collection
[
|
...
]