Average 30yr, Fixed-Rate Mortgage
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