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As bonds continue to bob, mortgage rates bounce as well
Filed under Government Mortgage Financing Programs News

The yield on the 10 year treasury bond bounced up again today after easing since last Friday. It is looking more and more like the sub 5% interest rates from the the spring of ’09 are gone for good. For now we are holding out hope that 5.5% rates will still be a viable option for a while.

See a WSJ article on the reasons behind today’s bad bond bounce here.

Comments Off on As bonds continue to bob, mortgage rates bounce as well Posted by G.R.A. Admin on Thursday, June 18th, 2009


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