(Bloomberg) — Homeowners are starting to lock in some of the lowest 30-year mortgage rates ever, yet many in the business say the best deals may be yet to come.Mortgage rates that were sinking for much of 2019 just hit new all-time lows, and brokers say they’re locking in 30-year rates south of 3% for some customers. Still, thanks to the dynamics of the mortgage market and seemingly endless demand for U.S. government bonds, industry veterans expect borrowing costs to fall even further.Ten-year U.S. Treasuries, which set the tone for 30-year mortgage rates, plunged below 1% for the first time …read more
Source:: Yahoo Finance
