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Friday, January 24, 2025

Today's Mortgage Rate Update & What's Behind The Move!




The tamer December CPI report was a massive relief for the bond and stock market. The yield on the 10-year US Treasury Bond dropped from 4.80% to 4.60% (a huge move in that market) and average 30-year mortgage rates declined from 7.25% to around 7.10%. That said, the market still overwhelmingly expects NO CUT at the Federal Reserve's Jan 29 meeting.

Lake Sidney Lanier Homes is the most comprehensive online source for information on Lake Lanier homes for sale and Lake Lanier area real estate. View the latest Lake Lanier home listings, foreclosures, lots, land, sales trends, and real estate topics on Lake Lanier. Arthur Prescott is an Accredited Buyer's Representative and Certified Residential Specialist with Berkshire Hathaway HomeServices Georgia Properties. He has over twenty years of Lake Lanier real estate experience. If you would like to schedule a free buyer or seller consultation, please contact us at www.LakeSidneyLanierHomes.com or 770-844-8484 or email us at Arthur.Prescott@BHHSGeorgia.com.

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