Mortgage Rates Relationship to the 10 Year Treasury Rate »
Posted By ChangeToday 4 months, 1 week ago in NewsI have known for quite some time that there is a strong relationship between daily mortgage rates and the 10 year treasury rate, but I could never find the actual equation. Thanks to Subprime Blogger and Calculated Risk for the following equation that shows the relationship between the 30 year fixed rate mortgage and the 10 year treasury rate:
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Just getting started with this whole social networking thing. Please give me some tips on how to use these sites better.
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Icantwait4 months, 1 week ago
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My Fellow American: Well, not in a million years. You could never be an American stating drivel like that. Bush is gone, Obama is handing out the tax payer money, Obama is owning the banks, banks did not screw you Frank and Dodds policies screwed you, Congress screwed you, Obama makes everything a crisis, Bail out money was Obamas idea, Bush went along with it to jump start Obamas term, get with the program, gonna have to ban you if you keep being a moron. No morons allowed on this site. Although we got a bunch that call themselves Damocrats. Listen to the smart people. The Conservative ones and you might learn something. The Real American
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earthlingerer4 months, 1 week ago
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This article refers to fixed rate mortgages.
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Adjustable Rate Mortgages will see some dramatic things happening in the next few months, like foreclosures, as monthly payments increase by 50 to 75%. Your "dream" will become "nightmare".
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