Freddie Mac’s 30Y Rate Rises To 7.31%, Highest Since Dec 2000, 10-year Treasury Yield Up To 4.67% (Mortgage Rate Up 69% Under Biden)

by
Sharing is Caring!

by confoundedinterest17

Freddie Mac’s mortgage rate is up to 7.31%, the highest level since December 2000. That means that mortgage rates are up 69% under Biden.

See also  10 year Treasury yields soar on stronger economy.

That is in spite of $2.5 TRILLION in agency MBS being held on The Fed’s balance sheet.

See also  Thunderstruck! US Unemployment Rate Is 8.7%, More Than Double BLS Estimate Of 4.1% (Mortgage Rates Rising With Declining BLS Estimates)

As the 10-year Treasury yield is up to 4.67%.

Views: 27

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.