Mortgage Blog

10 Year Treasury Note might stay above 3.0%

September 25th, 2018 9:51 PM by Eric Fang

It is around 3.1%  this week. It was at 3.11% on May 17th, 2018, then it went back as low as 2.77%. I think it might go down sometime, but it will not touch previous low for some time. So if it goes lower, then it will go around 2.9%, then back 3% level again, and then a little bit higher level, like 3.2% etc. I know Goldman Sachs predicted 3.25% at the year end.

For the interest rate, 30 yr fixed rate will reach 5% sometime next year. and 5/1ARM & 7/1ARM 4.5% +/- 0.25%. Remember, 5/1 ARM was around 5.5% in 2006-2007 when the economy was "hot". 
Posted in:General
Posted by Eric Fang on September 25th, 2018 9:51 PM



My Favorite Blogs:

Sites That Link to This Blog:

1288 Kifer Road Suite 208
Sunnyvale, CA 94086