Todd H. wrote:
"Dakota69" writes:

A good indicator if rates are on the rise or are coming down is to see
what the 10 year Bond is doing. When the 10 year note is on the rise
that means mortgage rates are most likely coming down.

I've head that exactly the inverse actually--that mortgage rates tend
to track the long bond roughly?



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Todd H.
http://www.toddh.net/

Not sure what you are saying in terms of the long bond, could you
expand as mortgage rates are generally tied to the 10 year note?