• Mortgage Rates and Ten Year Yield

    4 monthes ago - By Calculated Risk

    With the ten year yield getting close to 3%, there has been some discussion about whether mortgage rates would hit 5% soon. Based on an historical relationship, 30-year rates should currently be around 4.7%.
    As of yesterday, Mortgage News Daily reported: Mortgage Rates Mostly Steady Today
    Mortgage rates were roughly unchanged today. That would make this the 4th day in a row without any move higher in rates, and it would leave us at the lowest levels in roughly 2 weeks.
    emphasis added The graph shows the relationship between the monthly 10 year Treasury Yield and 30 year mortgage rates...
    Read more ...