Quite right. Interest rates and mortgage rates are going just the way you'd think they would. Here's the ten-year treasury note, which is what they base most 30-year mortgages on:
We might very well not see 3% there again.
Posted on 05/29/2009 6:38:59 AM PDT by anniegetyourgun
Quite right. Interest rates and mortgage rates are going just the way you'd think they would. Here's the ten-year treasury note, which is what they base most 30-year mortgages on:
We might very well not see 3% there again.
AP = Advancing Propaganda
Government is adding uncertainty to the market. Something it does best.
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