Tag Archive for: 10 year yield

Rates Hit Record High (Again); 2007 vs. 2023 – A Worrisome Comparison!

Rates hit a new record high today, as the 10 Year Treasury hit levels not seen since 2007, and mortgage rates are back to 2000’s peak levels.Read More

The Dangerous Cost of Low-Ball Offers! Student Loans Are Due Again!

While mortgage rates are generally holding, 10 Year Treasury yields fell for the third day in a row. I mention this at the top of the blog because this is something we have not seen since May; the reasons include a somewhat benign inflation report and weaker-than-expected employment and manufacturing data.Read More

Rates Hit 23-Year High (I Hate It When That Happens)

Mortgage interest rates rose yesterday largely in response to the release of Fed Minutes – and they are now at levels not seen since 2000. Here are a few interesting […]Read More

10 Year Treasury Yields Vs. Mortgage Rates (Great Info & Good News!)

When borrowers used to ask us the best way to track the direction of mortgage rates, we would tell them to track the 10 Year Treasury Yield because mortgage rates track 10 Year relatively closely. The problem though is that the spread between the 10 Year Treasury Yield and mortgage rates has grown much larger since the Fed started to raise interest rates last year, and they have not been moving in lockstep over the last year.Read More

GREAT NEWS! 10 Year Treasury Yields No Longer Track Mortgage Rates

The 10 Year Treasury Yield is 3.46%, as I am typing this blog. The average 30-Year Mortgage Rate is 6.21%, per Mortgage News Daily. That is a spread of 2.75%. […]Read More

How High Will Rates Go Before Falling? What Will Be The Catalyst?

“The 10 Year Treasury yield will be north of 4% by the end of the year.” So says Joseph Wang, a former Federal Reserve insider and monetary expert, who was […]Read More

How Low Can Rates Go? Not Waiting To Refi

One of the most interesting aspects of the COVID-19 crisis is its effect on interest rates. In “normal” times, mortgage rates correlate closely with the 10 Year Treasury Bond. In […]Read More