Menu

Home › Forums › Housing › Our friend the 10 year

Viewing 15 posts - 31 through 45 (of 96 total)
1 2 3 4 5 6 7
  • Author
    Posts
  • January 23, 2008 at 11:53 AM #141506
    kicksavedave
    Participant

    Great thread and very timely info for me. I’m 60 days from closing on the new home near Denver. The builders lender has offered a 95% loan for 5.65% with the PMI built in and they will pay all the closing cost. They want me to lock that in but I see little to no upside in doing that right now, only downside with the 10 and 30 T’s yields plummeting. I’m going to let it ride in hopes that another 1/4 point or more drop in the next 60 days materializes.

    Am I being greedy, or smart?

    January 23, 2008 at 12:14 PM #141597
    SD Realtor
    Participant

    Tough call man…greedy or smart… usually they do not go hand in hand…let’s just say you are trying to get the best rate possible and leave it at that.

    Like I said, I am not expert on the bond market. That is where guys like Chris S and the experts come in. All I can tell you is to keep checking that 10 year treasury yield every day or more…

    Sometimes the lenders have a 1 time rate adjustment but I take it the program you are looking at does not have that eh? That allows you to lock in BUT you also get a 1 time chance to relock during the escrow period.

    SD Realtor

    January 23, 2008 at 12:14 PM #141499
    SD Realtor
    Participant

    Tough call man…greedy or smart… usually they do not go hand in hand…let’s just say you are trying to get the best rate possible and leave it at that.

    Like I said, I am not expert on the bond market. That is where guys like Chris S and the experts come in. All I can tell you is to keep checking that 10 year treasury yield every day or more…

    Sometimes the lenders have a 1 time rate adjustment but I take it the program you are looking at does not have that eh? That allows you to lock in BUT you also get a 1 time chance to relock during the escrow period.

    SD Realtor

    January 23, 2008 at 12:14 PM #141271
    SD Realtor
    Participant

    Tough call man…greedy or smart… usually they do not go hand in hand…let’s just say you are trying to get the best rate possible and leave it at that.

    Like I said, I am not expert on the bond market. That is where guys like Chris S and the experts come in. All I can tell you is to keep checking that 10 year treasury yield every day or more…

    Sometimes the lenders have a 1 time rate adjustment but I take it the program you are looking at does not have that eh? That allows you to lock in BUT you also get a 1 time chance to relock during the escrow period.

    SD Realtor

    January 23, 2008 at 12:14 PM #141538
    SD Realtor
    Participant

    Tough call man…greedy or smart… usually they do not go hand in hand…let’s just say you are trying to get the best rate possible and leave it at that.

    Like I said, I am not expert on the bond market. That is where guys like Chris S and the experts come in. All I can tell you is to keep checking that 10 year treasury yield every day or more…

    Sometimes the lenders have a 1 time rate adjustment but I take it the program you are looking at does not have that eh? That allows you to lock in BUT you also get a 1 time chance to relock during the escrow period.

    SD Realtor

    January 23, 2008 at 12:14 PM #141511
    SD Realtor
    Participant

    Tough call man…greedy or smart… usually they do not go hand in hand…let’s just say you are trying to get the best rate possible and leave it at that.

    Like I said, I am not expert on the bond market. That is where guys like Chris S and the experts come in. All I can tell you is to keep checking that 10 year treasury yield every day or more…

    Sometimes the lenders have a 1 time rate adjustment but I take it the program you are looking at does not have that eh? That allows you to lock in BUT you also get a 1 time chance to relock during the escrow period.

    SD Realtor

    January 23, 2008 at 12:42 PM #141614
    Eugene
    Participant

    The $64,000 question: how far can US 10-year treasury go when you can buy 10-year French Euro-denominated bonds yielding 4.5%?

    January 23, 2008 at 12:42 PM #141514
    Eugene
    Participant

    The $64,000 question: how far can US 10-year treasury go when you can buy 10-year French Euro-denominated bonds yielding 4.5%?

    January 23, 2008 at 12:42 PM #141553
    Eugene
    Participant

    The $64,000 question: how far can US 10-year treasury go when you can buy 10-year French Euro-denominated bonds yielding 4.5%?

    January 23, 2008 at 12:42 PM #141526
    Eugene
    Participant

    The $64,000 question: how far can US 10-year treasury go when you can buy 10-year French Euro-denominated bonds yielding 4.5%?

    January 23, 2008 at 12:42 PM #141287
    Eugene
    Participant

    The $64,000 question: how far can US 10-year treasury go when you can buy 10-year French Euro-denominated bonds yielding 4.5%?

    January 23, 2008 at 12:57 PM #141531
    SD Realtor
    Participant

    That is the problem esmith. Common sense would dictate that the 10 year would not go down more because of your statement and other rationale. However common sense would have also dictated that in order to get our own financial mess in order we should have seen higher interest rates many years ago. How do we know that the there is not any behind the scenes nudging of purchasers both foreign and domestic of US debt.

    If you try to out think the market generally you lose. I am not saying you are incorrect. I am just trying to say that long long ago I gave up trying to apply my simplistic rational analysis. The marketplace is not controlled by common sense and visibility. Unfortunately I believe it is much more controlled by other forces of which I and the general public have little to no control over. So all I can do is watch it, try to make money off of it and get the best deal I can off of it.

    As I say there are many many who are well versed in the bond market and bond trading. You very well may be quite correct in your analysis. My stance is a bit more cautious which is, I have no clue where the bottom is, but someday it damn well has to go up… and farther into the future way up.

    SD Realtor

    January 23, 2008 at 12:57 PM #141558
    SD Realtor
    Participant

    That is the problem esmith. Common sense would dictate that the 10 year would not go down more because of your statement and other rationale. However common sense would have also dictated that in order to get our own financial mess in order we should have seen higher interest rates many years ago. How do we know that the there is not any behind the scenes nudging of purchasers both foreign and domestic of US debt.

    If you try to out think the market generally you lose. I am not saying you are incorrect. I am just trying to say that long long ago I gave up trying to apply my simplistic rational analysis. The marketplace is not controlled by common sense and visibility. Unfortunately I believe it is much more controlled by other forces of which I and the general public have little to no control over. So all I can do is watch it, try to make money off of it and get the best deal I can off of it.

    As I say there are many many who are well versed in the bond market and bond trading. You very well may be quite correct in your analysis. My stance is a bit more cautious which is, I have no clue where the bottom is, but someday it damn well has to go up… and farther into the future way up.

    SD Realtor

    January 23, 2008 at 12:57 PM #141519
    SD Realtor
    Participant

    That is the problem esmith. Common sense would dictate that the 10 year would not go down more because of your statement and other rationale. However common sense would have also dictated that in order to get our own financial mess in order we should have seen higher interest rates many years ago. How do we know that the there is not any behind the scenes nudging of purchasers both foreign and domestic of US debt.

    If you try to out think the market generally you lose. I am not saying you are incorrect. I am just trying to say that long long ago I gave up trying to apply my simplistic rational analysis. The marketplace is not controlled by common sense and visibility. Unfortunately I believe it is much more controlled by other forces of which I and the general public have little to no control over. So all I can do is watch it, try to make money off of it and get the best deal I can off of it.

    As I say there are many many who are well versed in the bond market and bond trading. You very well may be quite correct in your analysis. My stance is a bit more cautious which is, I have no clue where the bottom is, but someday it damn well has to go up… and farther into the future way up.

    SD Realtor

    January 23, 2008 at 12:57 PM #141619
    SD Realtor
    Participant

    That is the problem esmith. Common sense would dictate that the 10 year would not go down more because of your statement and other rationale. However common sense would have also dictated that in order to get our own financial mess in order we should have seen higher interest rates many years ago. How do we know that the there is not any behind the scenes nudging of purchasers both foreign and domestic of US debt.

    If you try to out think the market generally you lose. I am not saying you are incorrect. I am just trying to say that long long ago I gave up trying to apply my simplistic rational analysis. The marketplace is not controlled by common sense and visibility. Unfortunately I believe it is much more controlled by other forces of which I and the general public have little to no control over. So all I can do is watch it, try to make money off of it and get the best deal I can off of it.

    As I say there are many many who are well versed in the bond market and bond trading. You very well may be quite correct in your analysis. My stance is a bit more cautious which is, I have no clue where the bottom is, but someday it damn well has to go up… and farther into the future way up.

    SD Realtor

  • Author
    Posts
Viewing 15 posts - 31 through 45 (of 96 total)
1 2 3 4 5 6 7
  • You must be logged in to reply to this topic.