Since the 10-year US Treasury yield is the benchmark for setting 30-year fixed-rate mortgage rates, we should expect that higher rates are going to dampen demand for mortgages at some point. Lower income borrowers, includ...
Since the 10-year US Treasury yield is the benchmark for setting 30-year fixed-rate mortgage rates, we should expect that higher rates are going to dampen demand for mortgages at some point. Lower income borrowers, including minority borrowers, are going to feel the impact...