Now that the government shutdown is finally over, where are long-term mortgage rates headed? Mortgage interest rates are determined by several factors, the main one being the 10-year Treasury yield. At Yahoo Finance, we’ve created a five-year mortgage rate forecast based on the 10-year yield correlation that provides some insight. Mortgage rate forecasts are best … Read more
In a long-awaited report on last year’s pre-election polls, the country’s largest polling research organization announced that from 2020 “substantially improved the overall accuracy of polls” and stated that “the majority of public polls in 2024 were exceptionally accurate”. President Trump won last year’s presidential election by 1.5 percentage points over Democrat Kamal Harris, the … Read more
The current government shutdown is disrupting the economy in a number of ways. Among the most notable: the nation’s debt is growing. The Treasury Department said Thursday that the national debt has topped $38 trillion, a record level of federal indebtedness. While this may seem like an issue in your everyday life, it can affect … Read more
With the Federal Reserve cutting interest rates for the first time this year on Sept. 17, two more potential rate cuts, and a third week of government shutdown, where are long-term mortgage rates headed? Mortgage interest rates are determined by a number of factors, the main one being the 10-year Treasury yield. At Yahoo Finance, … Read more