Close

July, 2012  // Posts published in July, 2012

Posted by in Economy, Personal Finance, Real Estate | Comments Off

Is the 30 Year Fixed Headed to 3 Percent?

Is the 30 Year Fixed Headed to 3 Percent?

Mortgage interest rates hit a new record low last week, and they appear to be on the same trajectory this week. The yield on the ten-year Treasury note touched a new low Monday, 1.396 percent, before coming up slightly, and mortgage rates track that yield. Money flooded into Treasuries amid new concern surrounding debt in...

Read more...