10-YEAR TREASURY BOND

Keeping an eye on the 10-year treasury is worth it for someone waiting for the right moment to invest in a property. 🏠

If the treasury bond is 3%, we expect it to slightly push the mortgage values down.📉 On the other hand, when it's under 2.75%, we can expect the values to go up in the real estate market.📈

We can see how the 10-year treasury bond currently sits at 3.1%, just over 3%. Notice how it spiked in mid-June, demonstrating the worst interest rates we had in the mortgage market at that time. When the 10-year treasury is over 2.75%, it will pressure the home values. 💰💸