Effects of Inverted Yield Curve Showing Up in Mortgages
August 23, 2019 at 02:08 AM EDT
Unless a buyer is flush with cash, most home purchasers will need to procure financing in order to get into the home of their dreams. The latest yield curve inversions, however, are showing up in mortgage rates—particularly adjustable-rate mortgages (ARMs). ARMs will typically offer lower rates...