Average 30yr, Fixed-Rate Mortgage
![Image](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgesFgLXR2yJW9iYz2Xt5lGM7KnGxBAAa6H-WnlU20uKii8AdvxUBKFoWqTHZiSdzPXiTR2khUPylfQZyPzhJoLGMMhEI4LqRdVJ3Fpw9_zrcPh7AdnC-GQzoaM94y-t6du00UpNq2UefYYLvuynsbIVI-H25TWX4LhJ-CJoVJVsEiqWJQ4C-ac6r03bFxG/w622-h414/30yr-fixed-rate-12-15.png)
The Fed's pivot from 'maybe more hikes' to 'cuts next year' had the markets in ecstasy. The Dow and S&P 500 hit all-time records. The yield on the 10-yr US treasury went below 4%. And average 30-year mortgage rates fell to 6.6%. That's a decrease of nearly 150 bps (1.5%) in just two months. #rgvRoy #rgvhomes #rgvRealtor #rgv #rgv956 #956 #thehelpfulagent #home #houseexpert #house #listreports #househunting #finances #mortgage #investment #realestate #realtor #realestateagent #happyhome #happyhomeowners #housingmarket