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How does bond market affect mortgage rates?

2ltdjorn2ltdjorn Posts: 2,329 ✭✭✭✭
in Precious Metals
Care to explain in lay mans terms, and where do I look to trend the bond market?
WTB... errors, New Orleans gold, and circulated 20th key date coins!

Comments

  • derrybderryb Posts: 36,824 ✭✭✭✭✭
    How mortgage rates are determined

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • JustacommemanJustacommeman Posts: 22,847 ✭✭✭✭✭


    << <i>Care to explain in lay mans terms, and where do I look to trend the bond market? >>



    If the yield on the 10 Year goes up 30 year fixed is bound to follow.

    This morning was a text book example. 30 year fixed started printing at 4.0% this morning with the rise of the 10 year bond

    Mark
    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
  • hchcoinhchcoin Posts: 4,829 ✭✭✭✭✭


    << <i>How mortgage rates are determined >>



    Nice article derryb
  • MsMorrisineMsMorrisine Posts: 33,088 ✭✭✭✭✭
    The bond market can be tough to trend as it can be affected by the US economic numbers and even major overseas events.

    Bad economic news will send your rates down, but those things will include things like job reports. But healthcare jobs have some immunity, huh?



    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • bronco2078bronco2078 Posts: 10,225 ✭✭✭✭✭

    Here is a graph of mortgage rates koko the gorilla represents the effect of the federal governments policies on the housing market

    image
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