Bad Credit Online Magazine - Daily News and Advice on Credit, Debt and Mortgage : The yield on 10 Year Treasury Note broke 4.4% on the way down

« Student loan interest rates will likely increase as Senate trims financial aid | Main | H&R to settle payday loan lawsuits »

December 23, 2005

The yield on 10 Year Treasury Note broke 4.4% on the way down

Hmm, that is interesting, someone has been buying bonds for the last couple days. That is the lowest it was in December and comes after a government report showed new home sales in November fell by the most in 12 years.

The 30 year conforming fixed mortgage can be obtained at about 6.125% and the 15 year at 5.75%.

The 30 year jumbo is around 6.50% and the 15 year is around 6.125%.

 
Welcome

Bad Credit Advisor online magazine provides daily news about credit, debt and mortgage. We aren't paid to mention specific deals or products. We cover what we think is interesting as industry professionals ourselves.

Archives
Recent Entries
Information

About
Contact
Disclaimer