Coalition letter to Director Lael Brainard, Director of the National Economic Council and Assistant to the President for Economic Policy The White House, and Janet Yellen, Secretary of the Department of the Treasury, seeking actions to reduce the historically wide spread between 30-year mortgage rates and 10-year Treasuries (30/10 spread), which could reduce mortgage rates by 100 to 150 basis points.
Coalition Letter to the Director of the National Economic Council and Assistant to the President for Economic Policy and to the Treasury Department on High Long-Term Mortgage Rates Relative to Long-Term Treasury Bonds
Issue Date: October 12, 2023
Coalition letter to Director Lael Brainard, Director of the National Economic Council and Assistant to the President for Economic Policy The White House, and Janet Yellen, Secretary of the Department of the Treasury, seeking actions to reduce the historically wide spread between 30-year mortgage rates and 10-year Treasuries (30/10 spread), which could reduce mortgage rates by 100 to 150 basis points.
Read the Letter