How does bond market affect mortgage rates?

2ltdjorn

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

derryb

How mortgage rates are determined

Justacommeman

<< <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

hchcoin

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



Nice article derryb

MsMorrisine

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?

bronco2078

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