CNBCのインスタグラム(cnbc) - 6月15日 19時00分
Mortgage rates are falling unexpectedly and sharply, and millions of Americans could benefit. 💰⠀
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The average rate on the popular 30-year fixed has fallen from a recent high of 4.23% on May 21 to 3.94% now, according to Mortgage News Daily. Fear over the ongoing trade war with China, and now potentially Mexico, has investors rushing to the relative safety of the bond market, pushing yields lower. Mortgage rates loosely follow the yield of the 10-year Treasury.⠀
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Existing homeowners could benefit too. By refinancing their mortgages, there are about 5.9 million borrowers who could see their rates drop by at least 75 basis points. That represents an aggregate of $1.6 billion in potential monthly savings. Per borrower, the savings are about $271 per month.⠀
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Learn more, at the link in bio.⠀
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#personalfinance #money #financialfreedom #finance #financialplanning #success #moneytips #moneygoals #wealth #budget #millennials #debtfree #investinyourself #investing #retirement #millennialmoney #moneymatters #business #moneymindset #budgeting #financialsuccess #investor #financialliteracy #motivation #invest #cnbc
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