The 10-Year Treasury Hits 4.8%: What This Means for Real Estate
Posted by Tim Bray on
The 10-Year Treasury Hits 4.8%: What This Means for Real Estate
As the 10-year Treasury yield reaches 4.8%, the ripple effects are being felt across the real estate market, impacting buyers, sellers, and investors. Here are my thoughts on what this shift means and how we can respond to this evolving environment.
Higher Treasury Yields and Borrowing Costs
Treasury yields often set the tone for other interest rates, including mortgages. As yields rise, borrowing becomes more expensive, directly affecting affordability for homebuyers.
For homebuyers, these higher mortgage rates can significantly alter the landscape. Monthly payments increase, forcing many to either reconsider their budgets or put off purchasing altogether. This reduced…
23 Views, 0 Comments