I write educational posts on buying your home for the first time. I even posted my homebuying book at r/NewbHomebuyer go check it out

30-year fixed: 6.44% 15-year fixed: 6.00% 10-year Treasury: 4.43% Average rates from mortgage news daily

Rates dropped today and got back to where we were last Friday.

Monday spiked us up to a one-month high because of escalation fears with the Iran war. But overnight, news came out that the U.S. and Iran are close to signing a one-page memo outlining a peace agreement.

Oil prices dropped, bond yields dropped at the fastest pace since mid-April, and mortgage rates followed.

I write educational posts on buying your home for the first time. I even posted my homebuying book at r/NewbHomebuyer here's the book on reddit.

Originally shared by u/SamTMortgageBroker in r/NewbHomebuyer — view the original thread.