The difference between mortgage rates and the 10-year treasury yield has narrowed, signaling a potential boost for homebuyers. A decrease in the mortgage spread can cause mortgage rates to fall, even without the Fed cutting interest rates. The gap between 10-year treasury yields and mortgage rates (known as the mortgage spread) has dropped to its […] The post The Mortgage Spread Has Dropped to a 3-Year Low. That’s Good News For Homebuyers and Refinancers. appeared first on Redfin Real E...
