Mortgage rates remained unchanged at 2.73% from the previous week. The 10-year Treasury yield – a key benchmark for mortgage rates - drifted higher as coronavirus cases in the United States are falling and a stimulus deal is likely to be reached sometime soon. Given mortgage rates follow the trend of the 10-year Treasury yield, rates may rise modestly in the upcoming weeks.
Instant Reaction: Mortgage Rates
Feb 08, 2021