Mortgage rates are slipping after a rapid rise

the world over in recent months.

Mortgage rates around the world have been rising rapidly in recent months, but they have started to slip in recent days. This could signal that home buyers are starting to get a bit more breathing room when it comes to interest rates. The drop in rates is being credited to a number of factors, including increased demand for safe-haven assets like government bonds, as well as ongoing trade tensions. Also helping to reduce rates is the recent decision by the U.S. Federal Reserve to cut rates by a quarter-point. This is expected to provide support to mortgage markets, especially in the United States.