Long-term rates have stabilized — maybe a bit better than that. The 10-year T-note today breaking below 2.31 percent resistance, but mortgages are still above 4 percent. Rates have jumped a half-percent in 60 days and were due for a breather, but all should expect outsize volatility ahead — true upping and downing.
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Inman Connect New York | January 29 - February 1, 2019