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Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial. The GEO Group Inc. GEO, PennyMac Mortgage Investment Trust PMT and NexPoint.
With mortgage rates around their lowest levels in three years, it’s likely to be a big weekend for lenders – who already have their hands full. "Refinance demand has surged due to historically low.
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The following chart visualizes the relationship between treasury yields and fixed mortgage rates, illustrating that they have a symbiotic relationship. The chart compares the rates of a 30-year fixed-rate mortgage to that of a 10-year treasury yield, and features statistics ranging from the.
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