How interest rates affect (and don’t affect) mortgage rates #shorts #podcast
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Good morning everything is fine I’m working in the rest of the kitchen it’s important to me 👍🧘 God bless everyone good work,
So what exactly can I look at to estimate current rates? The 7 year treasury is about 3.6% and the 10 year treasury isa bout 3.7%. How does it go from this to about 6% mortgage rates? Am I adding 2.5% to these Treasury rates? From what I can see, online says the Gap between the Treasury and Mortgage should range between 1.5%-2%. Shouldn’t rates be between 5.2%-5.7%, not 6%-6.3%?? why are they still so high