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December 10, 2007 at 10:18 PM #11166December 10, 2007 at 10:23 PM #113741HLSParticipant
Conforming 30 YR fixed rates were 5.50 at par last week for a day or so, then 5.625, then 5.75..
Today they were 5.875%.It was a huge move in a week.
Although the 10 YR isn’t a direct relation to 30 YR mortgage rates, it’s an indication.
Qualifying for those rates today is a different story.
December 10, 2007 at 10:23 PM #113945HLSParticipantConforming 30 YR fixed rates were 5.50 at par last week for a day or so, then 5.625, then 5.75..
Today they were 5.875%.It was a huge move in a week.
Although the 10 YR isn’t a direct relation to 30 YR mortgage rates, it’s an indication.
Qualifying for those rates today is a different story.
December 10, 2007 at 10:23 PM #113863HLSParticipantConforming 30 YR fixed rates were 5.50 at par last week for a day or so, then 5.625, then 5.75..
Today they were 5.875%.It was a huge move in a week.
Although the 10 YR isn’t a direct relation to 30 YR mortgage rates, it’s an indication.
Qualifying for those rates today is a different story.
December 10, 2007 at 10:23 PM #113902HLSParticipantConforming 30 YR fixed rates were 5.50 at par last week for a day or so, then 5.625, then 5.75..
Today they were 5.875%.It was a huge move in a week.
Although the 10 YR isn’t a direct relation to 30 YR mortgage rates, it’s an indication.
Qualifying for those rates today is a different story.
December 10, 2007 at 10:23 PM #113909HLSParticipantConforming 30 YR fixed rates were 5.50 at par last week for a day or so, then 5.625, then 5.75..
Today they were 5.875%.It was a huge move in a week.
Although the 10 YR isn’t a direct relation to 30 YR mortgage rates, it’s an indication.
Qualifying for those rates today is a different story.
December 10, 2007 at 10:30 PM #113911patientrenterParticipantSDR, I see it as the flight to safety easing up a little. Why? Because the Paulson bailout made it clear that the big people will be working very hard to solve the various problems.
Patient renter in OC
December 10, 2007 at 10:30 PM #113955patientrenterParticipantSDR, I see it as the flight to safety easing up a little. Why? Because the Paulson bailout made it clear that the big people will be working very hard to solve the various problems.
Patient renter in OC
December 10, 2007 at 10:30 PM #113919patientrenterParticipantSDR, I see it as the flight to safety easing up a little. Why? Because the Paulson bailout made it clear that the big people will be working very hard to solve the various problems.
Patient renter in OC
December 10, 2007 at 10:30 PM #113873patientrenterParticipantSDR, I see it as the flight to safety easing up a little. Why? Because the Paulson bailout made it clear that the big people will be working very hard to solve the various problems.
Patient renter in OC
December 10, 2007 at 10:30 PM #113751patientrenterParticipantSDR, I see it as the flight to safety easing up a little. Why? Because the Paulson bailout made it clear that the big people will be working very hard to solve the various problems.
Patient renter in OC
December 10, 2007 at 10:54 PM #113908SD RealtorParticipantCould be PR. People who trade the treasuries who are also vastly smarter them myself have told me of cyclical natures of the bond markets as well and indeed more then one of them I spoke to forecasted this behavior last year. In fact one of them pegged the behavior pretty much on the money for the runup last spring to the rundown this fall.
Anyways as it runs back up that will hurt buying power. It “appears” to me that we bottomed out at 3.85 and can say goodbye to those levels. I guess we will see.
SD Realtor
December 10, 2007 at 10:54 PM #113789SD RealtorParticipantCould be PR. People who trade the treasuries who are also vastly smarter them myself have told me of cyclical natures of the bond markets as well and indeed more then one of them I spoke to forecasted this behavior last year. In fact one of them pegged the behavior pretty much on the money for the runup last spring to the rundown this fall.
Anyways as it runs back up that will hurt buying power. It “appears” to me that we bottomed out at 3.85 and can say goodbye to those levels. I guess we will see.
SD Realtor
December 10, 2007 at 10:54 PM #113948SD RealtorParticipantCould be PR. People who trade the treasuries who are also vastly smarter them myself have told me of cyclical natures of the bond markets as well and indeed more then one of them I spoke to forecasted this behavior last year. In fact one of them pegged the behavior pretty much on the money for the runup last spring to the rundown this fall.
Anyways as it runs back up that will hurt buying power. It “appears” to me that we bottomed out at 3.85 and can say goodbye to those levels. I guess we will see.
SD Realtor
December 10, 2007 at 10:54 PM #113954SD RealtorParticipantCould be PR. People who trade the treasuries who are also vastly smarter them myself have told me of cyclical natures of the bond markets as well and indeed more then one of them I spoke to forecasted this behavior last year. In fact one of them pegged the behavior pretty much on the money for the runup last spring to the rundown this fall.
Anyways as it runs back up that will hurt buying power. It “appears” to me that we bottomed out at 3.85 and can say goodbye to those levels. I guess we will see.
SD Realtor
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