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Category Archives: Mortgage Market Update

Yield on 10 year Treasury Comes within a hair of its 52 week low

•  The yield on the benchmark 10-year Treasury dove yesterday morning, coming within a hair of its 52-week low of 3.1%.  But by the end of the day we were receiving price increases from our lenders.  The european problem is not fixed and the new home sale’s report was juiced by the expiration of the tax credit. … Continue Reading

Rates Are LOW!

Rates are especially attractive right now with the credit problem that arose in the Middle East last week.  There was the flight to safety move of money into US debt causing yields (rates) to drop. If you have credit scores above 740 and a low loan to value you can improve you rate substantially.  This is… Continue Reading

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