[quote=peterb]The 10 year just hit 4% as I am writing this.[/quote]
Short-term rates have gone up as well.
12-month LIBOR jumped from ~1.5 % to ~1.9% over 2 weeks. Now the fully indexed rates for resetting 5/1 ARMS taken out in 2004 will be in the 4-4.5% range.
[quote=peterb]The 10 year just hit 4% as I am writing this.[/quote]
Short-term rates have gone up as well.
12-month LIBOR jumped from ~1.5 % to ~1.9% over 2 weeks. Now the fully indexed rates for resetting 5/1 ARMS taken out in 2004 will be in the 4-4.5% range.
[quote=peterb]The 10 year just hit 4% as I am writing this.[/quote]
Short-term rates have gone up as well.
12-month LIBOR jumped from ~1.5 % to ~1.9% over 2 weeks. Now the fully indexed rates for resetting 5/1 ARMS taken out in 2004 will be in the 4-4.5% range.
[quote=peterb]The 10 year just hit 4% as I am writing this.[/quote]
Short-term rates have gone up as well.
12-month LIBOR jumped from ~1.5 % to ~1.9% over 2 weeks. Now the fully indexed rates for resetting 5/1 ARMS taken out in 2004 will be in the 4-4.5% range.
[quote=peterb]The 10 year just hit 4% as I am writing this.[/quote]
Short-term rates have gone up as well.
12-month LIBOR jumped from ~1.5 % to ~1.9% over 2 weeks. Now the fully indexed rates for resetting 5/1 ARMS taken out in 2004 will be in the 4-4.5% range.
