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Mortgage-Bond Yields Climb, Suggesting Increased Home-Loan Rates to Come

Started by Apt_Boy
over 17 years ago
Posts: 675
Member since: Apr 2008
Discussion about
June 1 (Bloomberg) -- Yields on Fannie Mae and Freddie Mac mortgage bonds climbed, likely pushing up interest rates on new home loans after soaring last month and adding to the hurdles for a recovery in the housing market and economy. http://www.bloomberg.com/apps/news?pid=20601087&sid=aILf227DG1b4&refer=home
Response by lr10021
over 17 years ago
Posts: 175
Member since: May 2007

hurry up....buy buy buy before mortgage rates go up more, because of course paying more for your home and getting "locked" into a good rate is far better than paying less and getting screwed on an interest rate. duh!

these rates are going to 7.5% soon...

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Response by alpine292
over 17 years ago
Posts: 2771
Member since: Jun 2008

"these rates are going to 7.5% soon..."

sure they are...

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Response by sledgehammer
over 17 years ago
Posts: 899
Member since: Mar 2009

That's great! If mortgage rates go up, prices will go down even faster.

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Response by Trent335
over 17 years ago
Posts: 5
Member since: May 2009

There's some decent commentary on mortgage rates on this blog

http://abodeny.blogspot.com/

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