If Houses Traded Like Bonds
September 05, 2013 at 17:22 PM EDT
As the 10-year Treasury yield approaches 3 percent let’s take a look at the recent spike in mortgage rates and its micro impact on the housing market and average home buyer. The chart below shows 30-year fixed mortgage rates have increased 122 basis points since early May. This translates into a 17 percent increase in [...] View the full post at: If Houses Traded Like Bonds Related posts: Low Down Payments for FHA Loans Have Been Around for Awhile June Existing Home Sales Dip, Supply Rises U.S. Commercial property bonds have worst month in Feb