Mortgage Blog

If the history repeats
November 30th, 2016 11:57 PM
Here is the data I got from the 10 yr bond, it might be interesting:

April 1, 2003 to April 1, 2006, bonds went from 3.53 to 5.14
Dec 1, 2008 to March 1, 2010, bonds went from 2.24 to 3.83
March 31, 2013 to Dec 1, 2013, bonds went from 1.675 to 3.026.
Nov 4, 2016 to Nov 30, 2016, bonds went from 1.783 to 2.368.

If the history repeats, the rate will go up until around March or
April of 2017. If it does not stop, then it will go up until around
Dec 1, 2017. The problem is whether the us economy is so good
for a much higher rate?

Fannie Mae does predict the average rate for 2017 will be 4.25%.
So it might be a little bit higher from here.

Posted in:General
Posted by Eric Fang on November 30th, 2016 11:57 PMPost a Comment

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