Daily Mortgage Rates and 10 Year Treasury Rate – July 8

The 10 year treasury rate moved MUCH lower yesterday after the auctions of the Treasury bonds by the government.  The 10 year currently sits right on its support level of the 50 day moving average.  Any significant move with volume below this point and we are likely to see a breakdown all the way to [...]

Refinance Rates Going Higher Will Hurt the Housing Market

For information about Refinance Rates please be sure to click the link for previous articles.  Refinancing is a task that can be daunting but could save you thousands of dollars. After many months of an up trending 10 Year Treasury Yield, it looks like mortgage rates are following the treasury notes lead.  Over the past [...]