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To: SaxxonWoods
That’s not right. Mortgage rates are set by adding a spread of about 1.5% to the current 10yr Bond rate.

The 10-year bond fluctuates on a daily basis - and it moves primarily as a result of Fed actions with the Fed Funds Rate.

The 10-year has recently moved - anticipating an increase in the FFR.

I don't believe that the FFR will increase - thus I believe the 10-year will readjust to where it was, and probably go lower in the future.

As I've stated in other posts - a negative FFR would not surprise me in the future.

127 posted on 01/17/2022 11:28:34 AM PST by politicket
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To: politicket
The 10-year bond fluctuates on a daily basis - and it moves primarily as a result of Fed actions with the Fed Funds Rate.

What Fed actions here, over the last year....

Have caused these fluctuations?


137 posted on 01/17/2022 8:31:38 PM PST by Toddsterpatriot (TANSTAAFL)
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