Iowa Bankers Association Iowa Bankers Insurance & Services, Inc.
Iowa Bankers Association
8800 NW 62nd Avenue
Johnston, IA 50131
Toll-Free: 800-532-1423
Local: 515-286-4300
Fax: 515-280-4140

Mortgage Rates are Plunging With the Financial Mar

:Mortgage Rates are Plunging With the Financial Markets, But Why Aren’t They Even Lower?

Amid a wave of selling in the stock market driven by coronavirus concerns, the 10-year Treasury note, a key bellwether for mortgage rates, plunged to a record low of 1.31 percent on Tuesday, breaking a low set in July 2016.

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Iowa Bankers Insurance & Services (IBIS) offers Iowa banks a full line of insurance products.

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The Iowa Bankers Association (IBA) is dedicated to serving Iowa banks and their employees.

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