10 Year Treasury Rate Breaks Support; Mortgage Rates Lower

The 10 year treasury rate broke through the 50 day moving average with a vengeance today.  The 10 year was down almost 5% in its last trade.  This means that it is likely headed all the way to the 200 day moving average which possibly means average mortgage rates under 5% soon.  Lets see how [...]

Mortgage Rate Trends Pointing Towards Lower Rates

UPDATE – July 19th – The most up-to-date mortgage rate trends article is available here: Mortgage Rate Trends – Will the Interest Rate Downtrend Be Broken? For almost seven years mortgage rates have been moving in a sideways direction between 5% and 6% so is this the bottoming process for a downtrend that has lasted [...]