Thread: Cloisng costs
View Single Post
  #4   Report Post  
Posted to misc.consumers.house
Dakota69 Dakota69 is offline
external usenet poster
 
Posts: 5
Default Cloisng costs


Todd H. wrote:
"Dakota69" writes:

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?


10 year us treasury bond = 10year t note = "the long bond"

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


Like I said if the 10 year yield is raises then interest rates will
most likely decline due to supply and demand like anything else.
Currently home prices are staring to fall in much of the U.S. for a
number of reasons, but one major reason is because inventory is way up
causing a buyers market instead of a sellers market.