Daily Mortgage Rates and Ten Year Treasury Rate – July 2nd

The 10 year treasury rate pushed higher to 3.544% yesterday.  We have still yet to see the 10 year get all the way to the 50 day moving average but the intense sell off from 4% might prove to be the reason for an early bounce.  With that in mind the 10 year has moved [...]

Mortgage Rates May Bounce Higher in the Next Few Weeks

When analyzing the charts, it looks as if mortgage rates may bounce higher in the next few weeks.  The 10 year treasury rate has been in a steady downtrend since it reached 4%.  The pullback has brought it all the way back to 3.5% but it looks like there is support at the 50 dma [...]