No longer perverse
Mortgage News
Mortgage bond yields finally fell today, as they normally would do after the release of a horrific monthly employment report.
Yields on Freddie Mac mortgage bonds have fallen 9 basis points since yesterday. The yield on the 10-year Treasury has fallen even further. As I write, it has fallen 14 basis points, to 3.02 percent.
This means
Source: Bankrate.com » Mortgages