You know how you see oil prices drop precipitously on the news, yet when you get the gas station to save some money, you’re disappointed because gas prices haven’t gotten much cheaper? The same thing happens with US Treasury yields (oil) and mortgage interest rates (gas). Mortgage rates are largely influenced by the latest 10-year
The post Why Mortgage Rates Don’t Drop As Quickly As Treasury Yields appeared first on Financial Samurai.
Powered by WPeMatico