Daily Mortgage Rates and 10 Year Treasury Rate – June 27th
Posted on | June 27, 2009 | 27 Comments
I am going to starting posting the daily mortgage rates each morning; please return to Subprime Blogger when you are looking for your daily mortgage rates. Along with that, I will post the 10 year treasury rate and show the correlation. The equation used for the correlation between mortgage rates and the 10 year treasury rate is y = 2.7283(x)^2 + .5881(x) +.0308.
10 Year Treasury Rate – 3.506%
The correlation shows that the 30 year fixed rate should be 5.477%, actual rates….
30 Year Fixed Rate Mortgage – 5.35%
Tags: 10 year treasury rate > daily mortgage rates > mortgage rates and treasury rate
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27 Responses to “Daily Mortgage Rates and 10 Year Treasury Rate – June 27th”
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June 27th, 2009 @ 11:20 am
[...] have known for quite some time that there is a strong relationship between daily mortgage rates and the 10 year treasury rate, but I could never find the actual equation. Thanks to Subprime [...]
July 3rd, 2009 @ 2:33 pm
[...] rate trends are setting up for a very interesting July. The 10 year treasury rate is at the bottom of its upward trend channel and hitting support at the 50 day moving average. We [...]
July 4th, 2009 @ 10:58 am
[...] UPDATE – The newest mortgage rate trends article is available at this link: Mortgage Rate Trends – Will Rates Go Higher in July? The month of July is going to be very interesting as far as mortgage rate predictions because we are seeing a turning point in the 10 year treasury rate. Since uptrending to 4%, we have seen a heavy sell-off all the way back down to its 50 day moving average. Either we will see a strong bounce off this support which means higher average mortgage rates or we will see a break down through support. If the 10 year breaks down and heads back to 3%, we could see those historically low mortgage rates that we saw in March. Only time will tell, but the month of July should bring some interesting days for daily mortgage rates. [...]
July 4th, 2009 @ 1:10 pm
[...] rate trends are setting up for a very interesting July. The 10 year treasury rate is at the bottom of its upward trend channel and hitting support at the 50 day moving average. We [...]
July 6th, 2009 @ 2:38 pm
[...] news source and help you stay up to date on current mortgage rates. We offer information on daily mortgages rates and how they correlate to the 10 year treasury rate so make sure to check back each [...]
July 6th, 2009 @ 10:01 pm
[...] was very little change on the 10 year treasury rate when trading ended. The 10 year started the trading day significantly higher but worked its way [...]
July 8th, 2009 @ 7:45 am
[...] 10 year treasury rate moved MUCH lower yesterday after the auctions of the Treasury bonds by the government. The 10 [...]
July 9th, 2009 @ 6:39 am
[...] we had a breakdown of the interest rate on the 10 year treasury rate. The Federal Reserve continues to buy United States debt which repeatedly sends the treasury rate [...]
July 9th, 2009 @ 6:45 am
[...] the interest rate on the 10 year treasury rate break well below its 50 day moving average. The Federal Reserve Bank continues to buy US debt. [...]
July 9th, 2009 @ 6:54 am
[...] 2009, the Federal Reserve decided to buy up more United States debt which sent the interest rate on 10 year treasury rate plummenting. Basically this will help the United States by allowing us to borrow money from other [...]
July 9th, 2009 @ 7:01 am
[...] after the Fed decided to buy more United States debt, the interest rate on the 10 year treasury rate plummeted almost 5%. This is great news for those of you who are in the process of buying a new [...]
July 9th, 2009 @ 10:01 am
[...] 10 year treasury rate moved MUCH lower yesterday after the auctions of the Treasury bonds by the government. The 10 [...]
July 9th, 2009 @ 1:14 pm
[...] are Mortgage Rates Headed? By jwojdylo With the 10 year treasury rate tanking yesterday, are mortgage rates headed much lower? From everything I have heard, that seems [...]
July 10th, 2009 @ 8:03 am
[...] as expected, the 10 year treasury rate yield bounced back in a big way yesterday. I look for continued break and retrace action from the [...]
July 20th, 2009 @ 9:09 am
[...] mortgage rates are set to move higher as interest rates have moved up early this week. The 10 year treasury rate yield moved higher all of last week and it looks like this week is no different. There is [...]
July 21st, 2009 @ 8:40 am
[...] slight pull back in the 10 year treasury rate yesterday was to be expected. There is definitely going to be some consolidation after a weekly [...]
July 21st, 2009 @ 7:19 pm
[...] equation used for the correlation between mortgage rates and the 10 year treasury rate [...]
July 22nd, 2009 @ 8:11 pm
[...] and the 10 year yield. When one goes higher, the other generally follows shortly after. The 10 year treasury rate yield has been in an up trend since the beginning of the year and the trend has not broken its [...]
July 24th, 2009 @ 6:50 am
[...] Fargo refinance mortgage rates are sure to move higher in the near future as the 10 year treasury rate yield hovers around 3.7% in closing the week. We have seen a move from 3.3% to 3.7% in less than [...]
July 24th, 2009 @ 8:50 am
[...] mortgage rates are sure to head up in the near future as interest rates are going to rise the with 10 year treasury rate yield. The 10 year yield is sitting right at 3.7% which should put mortgage rates over 5.6%. It [...]
July 25th, 2009 @ 6:51 am
[...] your 10 year treasury rate yield analysis each weekday morning at Subprime [...]
July 26th, 2009 @ 2:36 am
[...] Blogger offers information on daily mortgage rates and where they are headed. With the Fed printing so much money, making solid inflation investments [...]
July 26th, 2009 @ 6:02 pm
[...] rate trends are showing that mortgage rates are likely to move higher in the next few weeks. The 10 year treasury rate yield continues to move higher; a move in the last two weeks from 3.3% to 3.7%. There was a [...]
July 26th, 2009 @ 7:38 pm
[...] Fargo refinance mortgage rates are likely to move higher this week as the 10 year treasury rate yield continues to move up. After hitting 3.3%, the 10 year yield has moved up to 3.67% in two [...]
July 27th, 2009 @ 5:40 am
[...] 5% and 5.4% over the last few weeks which is quite interesting. It is interesting because the 10 year treasury rate yield has moved from 3.3% to 3.7% in just two weeks. With this drastic move higher, one would [...]
July 27th, 2009 @ 5:44 am
[...] home loan rates are sure to see move up in the next few weeks as the 10 year treasury rate yield has pushed MUCH higher. The 10 year yield has moved from 3.3% to 3.7% while 30 year fixed [...]
July 27th, 2009 @ 6:47 am
[...] 10 year treasury rate saw a slight decline on Friday but nothing significant. It will be very interesting to see if the [...]