The New York Times rambles, and mangles mortgages along the way

The New York Times rambles, and mangles mortgages along the way

Mortgage finance and mortgage regulation aren’t the paper’s strong suits

WATCH: Trulia stages haunted house for unsuspecting homebuyers

'Tis the season. For screaming.

10 reasons why people don’t get a mortgage

It’s not just because of finances
W S
Lending / The Ticker

5% 30-year mortgage rates to come?

10-year Treasury yield shed light on rates

stock art
/ Print / Reprints /
| Share More
/ Text Size+

A glimpse of the future of the 30-year mortgage can be seen in its correlation with the 10-year Treasury yield. It was only several months ago that the industry was gawking at 4% mortgage rates, with rates now inching closer to 5%. Per Calculated Risk:

Currently the 10-year Treasury yield is 2.82% and 30 year mortgage rates are at 4.58% (according to Freddie Mac). Based on the relationship from the graph, the 30 year mortgage rate (Freddie Mac survey) would be around 5% when 10-year Treasury yields are around 3.33%.

Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus