Ben Bernanke Comments Push Stock Market Lower by Over 1% – Mortgage Rates Tank with 10 Year Treasury Yield
Around 2:00 Ben Bernanke made the statement that the economic outlook remains “unusually uncertain” which spooked the market and sent the major indices down over one full percentage point. Along with the stock market drop we saw the 10 year treasury rate yield tank as well which is sure to push mortgage interest rates lower. [...]
Daily Mortgage Rates and 10 Year Treasury Rate – July 9th
Yesterday 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 much lower. The treasury rate was down almost a full five percent yesterday to 3.29%. This is well below the 50 day moving average and [...]
10 Year Treasury Rate Breaks Down After Fed Buys US Debt
Please use Subprime Blogger to get your average mortgage rates and analysis on how it will affect the economy. There are also articles that help to assist you by giving you an interest rate forecast. I think all that needs to be stated is this: Yields on 10-year securities fell the most since March 18, [...]