Mortgage rates on WhatsApp
The rate that decides what a deal is worth, in your Updates tab.
Why the rate is the number that matters
If you touch property at all (buying, selling, broking, building), the mortgage rate sets what a buyer can afford, and therefore what a property is worth. A move of a single point changes a monthly payment by hundreds of dollars, and changes what people will pay.
It follows the 10-year Treasury yield rather than the Federal Reserve’s headline rate, which is why it sometimes moves in a direction the news does not seem to explain.
Getting it without going looking
Send the word Join to 848-469-4164 on WhatsApp and save the number. The rate turns up in your Updates tab along with the rest of the numbers.
Nothing to pay, and nothing lands in your chats.
Questions
Which rate do you post?
The 30-year fixed, the one most people mean when they ask what rates are doing.
Does it cost anything?
No. Save the number and send the word Join.
Why do rates move when the Fed did nothing?
Mortgage rates track the 10-year Treasury yield, not the Fed’s headline rate, so they can move on their own.