👨‍💼Mortgage Rates Less than Inflation

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Real Estate Agent with Arizona Focus Realty SA634540000

💥Mortgage Rates Less than Inflation


 ☀️For ALL of Your East Valley AZ Real Estate Needs

📞Call or 🙋‍♂Text Brian at 480-773-2370

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The 30-year fixed mortgage rate has risen nearly 4.2 percent since the beginning of the year. On a contrary, the 10-year Treasury yield has not increased much. Find out why the Treasury bond and the mortgage rate are widening.   To read the full article, click HERE.

 


I specialize in the East Valley of the Phoenix Metro area - Gilbert, Mesa, Chandler, Tempe, Scottsdale, Apache Junction, and Gold Canyon


☀️For ALL of Your East Valley AZ Real Estate Needs

📞Call or 🙋‍♂Text Brian at 480-773-2370

📨Email Brian  ~  Search the MLS for FREE

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Comments (7)

John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Brian, it is interesting that lately mortgage rates increased but Treasury bonds didn't increased. Thanks for a very good report.

May 16, 2022 10:06 AM
Bill Salvatore - East Valley
Arizona Elite Properties - Chandler, AZ
Realtor - 602-999-0952 / em: golfArizona@cox.net

Pretty sad when we have to say mortgage rate which are higher is still better than all the inflation. bill 

May 16, 2022 11:23 AM
Rocky Dickerson
Realty One Group - Las Vegas, NV
Superior Service!

Let's just hope that someone gets an er uh idea type thing in Washington and settles this all down.

May 16, 2022 02:14 PM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Brian most people are not aware the interest rates work off of the 10 year treasury bond, and not off of the stock market.

May 16, 2022 04:35 PM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good morning Brian - unfortunately that statement is sad but true.  Inflation is problematic.

May 17, 2022 06:27 AM
Patricia Feager, MBA, CRS, GRI,MRP
DFW FINE PROPERTIES - Flower Mound, TX
Selling Homes Changing Lives

Brian England - unfortunately, many people don't have a clue and probably won't know until the full blown inflation slaps us all upside down and on our face. I lived through the terrible 70s and 80s and it was rough riding. We are in a very sad, pathetic, and confusing economic period in our lifetime. 

May 17, 2022 08:21 AM
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

That is an interesting comparison between the treasury bills and the mortgage rates Brian England 

May 17, 2022 07:31 PM