treasuries and mortgages started better this morning but couldnt be completely sustained as the day wore on nothing but talk of whether or: Getting to 4.5% would require treasury rates to decline another 50 basis points from present levels, the 10 yr down to 2.0% area. That is a huge mountain to climb; - 03/19/09 10:43 AM
Treasuries and mortgages started better this morning but couldn't be completely sustained as the day wore on. Nothing but talk of whether or not the 30 yr fixed rate can get to that elusive 4.5% that the NAR made famous months ago. It got burned in consumer minds and likely did some disservice to many buyers that found themselves having to accept higher rates as rates inched up for to months. Now we are back to the lows once again (4.875%) and the question is back again. The short answer is that it is unlikely mortgage rates for basic 30 yr … (0 comments)

 
John F Tuggle, Certified VA Expert Renovation Program Specialist (John Tuggle, Senior Mortgage Loan Originator, Envoy Mortgage, Ltd. )

John F Tuggle

Certified VA Expert Renovation Program Specialist

Columbus, GA

More about me…

John Tuggle, Senior Mortgage Loan Originator, Envoy Mortgage, Ltd.

Address: 5820 Veterans Parkway , Suite 309, Columbus, GA, 31904

Office: (706) 315-2365

Mobile: (706) 315-2365



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