The yield on the 10-year Treasury Bill (T-Bill) is usually a good indicator of what is likely to happen with 30-year mortgage rates. The chart below shows what has happened since late spring and the beating the yield has taken in the past few days. Today we saw three rate hikes. I can only hop
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11/15/2010
Foreign trade topped last week's headlines, with the foreign trade deficit for September dropping while the G-20 struggled to avert a trade war fueled by currency disputes. The nation's international trade deficit in goods and services decreased to $44 billion in September from August's revised
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11/15/2010
After an encouraging increase in August, personal income figures fell below market expectations for September, according to figures released by the Bureau of Economic Analysis last week. Personal income decreased $16.8 billion, or 0.1 percent, and disposable personal income (DPI) decreased $20.3
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11/08/2010
Rates Best in 40 Years - Consider a RefinanceIf your interest rate is above 5.125% and you think you will stay in your home 3+ years, then refinance now to save hundreds of dollars every month. Interest rates are hovering around their lowest in 40 years - about 4.375% for < $417,000 and 4.75% u
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10/31/2010
Rates Best in 40 Years - Consider a RefinanceIf your interest rate is above 5.125% and you think you will stay in your home 3+ years, then refinance now to save hundreds of dollars every month. Interest rates are hovering around their lowest in 40 years - about 4.375% for < $417,000 and 4.75% u
...
10/31/2010
Rates Best in 40 Years - Consider a RefinanceIf your interest rate is above 5.125% and you think you will stay in your home 3+ years, then refinance now to save hundreds of dollars every month. Interest rates are hovering around their lowest in 40 years - about 4.375% for < $417,000 and 4.75% u
...
10/31/2010
