Page 10 - Refinancing Figures News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Pending home sales gained in February but are still 21.1% lower than a year ago, as higher costs weigh on the housing market.

By Shaina Mishkin Order Reprints Text size Mortgage rates typically rise and fall alongside the 10-year Treasury yield since both are influenced by investor activity in the bond market. Bing Guan/Bloomberg Mortgage rates increased this week from their historic low. Home buyers and owners looking to refinance shouldn’t expect them to go back down. Bond yields, which have been increasing steadily since mid-August on hopes for further stimulus and optimism that the economy will rebound once a vaccine is distributed, rose swiftly in the new year, with the benchmark ...