Investor Jitters: Year and June Week

investor jitters: The 30-year fixed-rate mortgage averaged 3.82% in the June 13 week, unchanged during the week, Freddie Mac said Thursday, according to Market Watch. Nearly halfway through the year, the popular product has managed a weekly increase only six times. Rates for home loans mostly held steady, and even declined slightly, as investor jitters about a slowing economy and geopolitics continued to keep bonds attractive. It now stands at about a two-year low. Read Housing market sentiment hits a 5-year high a good omen for sales Fixed-rate mortgages follow the path of the 10-year U.S. Treasury note TMUBMUSD10Y, 1.46% which has tumbled as investors grow increasingly concerned about the health of the economy and the potential effects of a long trade war. The 15-year fixed-rate mortgage averaged 3.26%, down from 3.28%. The 5-year Treasury-indexed hybrid adjustable-rate mortgage averaged 3.51%, down 1 basis point. (news.financializer.com). As reported in the news.