Mortgage Rates Continue To Rise

Mortgage Rates Continue To Rise

Headwind.  The national average for a 30yr. fixed rate mortgage has reached 4.69%, highest level since Q1 of 2011: Another headwind, rising prices at the pump.  The USO(United States Oil Fund) is up 22% from its summer lows: Bankrate.com chart courtesy of...
Ten Year Highs

Ten Year Highs

After seven years of maintaining a 0% Fed Funds rate, the Federal Reserve began a new tightening cycle in late 2015.  After 8 rate hikes over the last two and a half years the 3-month U.S. Treasury Yield reached a ten year high as September came to a close.  Quite a...