Home › Forums › Housing › What gives with Interest rates? › Yield curve….which is no
Yield curve….which is no longer inverted for one. Mortgage rates – long term, say 15yr or 30yr fixed are tied to longer term treasury prices – the 10yr treasury price which is determined by bond traders.
See article: http://biz.yahoo.com/cnnm/080318/031408_ratecut_mortgages.html
