About Government Refinance and Home Purchase Programs

Information and Updates on Government Mortgage Programs
Filed under Government Mortgage Financing Programs News

Mortgage rates usually mirror to some degree the yields on the 10 year treasury note. With Ben Bernanke announcing the Fed’s plans to pull back on its programs of economic stimulus the price of yields on the 10-year treasury bounced up. With it mortgage rates bounced up nearly a quarter point as well. We may be at the beginning of the expected rate increases already.

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