Bad Credit Online Magazine - Daily News and Advice on Credit, Debt and Mortgage : Mortgage rates are looking to rise

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September 30, 2005

Mortgage rates are looking to rise

The mortgage rates have risen to the highest level they have been in weeks. And trend will likely continue. There are many factors that contribute into this, but I would concentrate on the 10 Year Treasury Bond behaviour. As explained before, mortgage interest rates are directly tied to the yield of the 10 Year bond. If you look at the yield chart, there is an obvious trend to go higher. Sure it will deep here and there but the range it is going to stabilize in for some time, is going to be somewhere around 4.5%.

More on 10 Year Treasury Bond and interest rates.

Posted in Mortgages at September 30, 2005 10:35 AM

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