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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: Chuck Williams who wrote (19487)6/30/2001 1:16:49 PM
From: Mannie  Read Replies (1) | Respond to of 30051
 
Mortgage rates probably edged up due to demand, they do not follow the FED in lock step. Rates had fallen quite low, which sparks demand.



To: Chuck Williams who wrote (19487)6/30/2001 4:40:15 PM
From: davidcarrsmith  Respond to of 30051
 
30 yr mortgages are tied to the 10 yr treasury which has returned to 5.4% from the low of 5.1%.

Dave