Mortgage rates fall, and could go even lower, as bond yields fall on fears of a protracted China trade war
May 23, 2019 at 14:14 PM EDT
Trade tensions with China may be a boon to the U.S. housing market. Investors are rushing into the relative safe-haven of the bond market, cause the yield on the U.S. 10-year Treasury to plummet. Mortgage rates loosely follow that yield.
