W*******Q
发帖数: 275 | 1 Panic in housing market as Trump effect pushes mortgage rates to 4%
CNBC: "...Since last week's election, the benchmark 10-year Treasury has
gone from a yield of 1.80 to 2.30 percent. It has moved higherwith the
dollar, which is up about 2.5 percent against a basket of currencies. The 30
-year bond yield crossed the psychological 3 percent level Monday.
Mortgages and other financing are based on the 10-year, and fixed-rate and
other mortgages are already on the rise. The 30-year fixed rate mortgage is
also up a half percent since Trump was elected. It jumped an eighth of a
point Monday, to the psychologically important 4 percent level...."
Anyway, don't fight against the trend. We are still waiting for the right
time. :-) |
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