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JSH · 05-04-2020, 08:38 PM

Mortgage rates are based the 10 year treasury rate

The cheaper it is for Uncle Sam to borrow the cheaper mortgage rates are.

We pay more for mortgages because treasuries are guaranteed. Mortgages are pretty safe but not that safe so investors expect more reward for the extra risk.

05-04-2020, 08:38 PM	#159 (permalink)
JSH AKA - Jason Join Date: May 2009 Location: PDX Posts: 3,605 Adventure Seeker - '04 Chevy Astro - Campervan 90 day: 17.3 mpg (US) Thanks: 326 Thanked 2,152 Times in 1,456 Posts	Mortgage rates are based the 10 year treasury rate The cheaper it is for Uncle Sam to borrow the cheaper mortgage rates are. We pay more for mortgages because treasuries are guaranteed. Mortgages are pretty safe but not that safe so investors expect more reward for the extra risk.