Category Archives: Mortgage Interest Rate

If you are over 4% you should check in for a rate below 4%

Hello Friends, Sorry for the delay, I am swamped due to the rate drop. Last Tuesday the 10 year treasury hit the lowest yield on record at 1.341% but has been increasing since then. Rates have popped up a little bit but are still very attractive and similar to 2012 when we hit the last 50 year low. I … Continue reading If you are over 4% you should check in for a rate below 4%

Mortgage Marketplace Environment for 2016

Hello Friends, April saw mortgage interest rates fall back to the low levels from mid-February with the 10 year treasury yield heading down towards 1.7%. If the yield on the 10 year treasury hits 1.5%, we should see rates fall back to the lowest levels seen in 2012. Lenders are still backed up with the … Continue reading Mortgage Marketplace Environment for 2016