Mortgage Rates are Plunging With the Financial Markets, But Why Aren’t They Even Lower?

Bankrate.com, Feb. 26, 2020–Natalie Campisi
Amid a wave of selling in the stock market driven by coronavirus concerns, the 10-year Treasury note, a key bellwether for mortgage rates, plunged to a record low of 1.31 percent on Tuesday, breaking a low set in July 2016.
https://www.bankrate.com/mortgages/what-arent-mortgage-rates-even-lower/