Will Treasury Rate Increases Continue to Put Pressure on Mortgage Rates?
10 Year US Treasury rates increased 17 basis points for the week ending June 2nd, 2022. This will put upward pressure
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10 Year US Treasury rates increased 17 basis points for the week ending June 2nd, 2022. This will put upward pressure
At the start of 2022 mortgage rates increased FASTER than the 10-year Treasury rates. This past week the 10 Year treasury rates increased 17 bps while Mortgage rates decreased by 3 bps thus a 20 bps decrease in spread occurred.