How Does the 10-Year Treasury Affect Mortgage Rates?

Fox Business, Dec. 23, 2020–Lauren Bowling
For mortgage borrowers, looking at the 10-year Treasury rates is more important than most realize. Since mortgage rates often closely align with the 10-year Treasury bond yields, keeping an eye on this rate can help borrowers assess when to take out a mortgage or if it is the right time to refinance.
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