Where Mortgage Rates Are Headed Next: Five-Year Outlook Tied to Treasury Yields – Knowhere News

Where Mortgage Rates Are Headed Next: Five-Year Outlook Tied to Treasury Yields – Knowhere News

New York, NY — Mortgage rates have fallen by about half a percentage point over the past year, according to Freddie Mac, offering some relief to homebuyers. But the bigger question remains: where are mortgage rates headed over the long term? Mortgage Rates and the Treasury Market Connection Mortgage interest rates are closely linked to the U.S. government bond market, particularly the 10-year Treasury yield. While the two do not move in lockstep…