Need Mortgage Help?
707-526-6100
Fast Mortgage Rate Quotes
Home > Home > Blog > Uncategorized > Why are rates so low?

Why are rates so low?

By 
Mr. Mortgage
 on May 4, 2010
 in Uncategorized 
Comments (0)
Bookmark and Share

U.S. 30-Year Bond Yields Touch Lowest This Year on European Debt Concern

Treasuries climbed, pushing 30-year bond yields to the lowest level in more than four months, as concern that European governments haven’t yet overcome the region’s debt crisis boosted demand for the safest assets. Tomorrow the Treasury is expected to announce cuts to its record-sized auctions, which would be good news for the government bond market, where worries surface regularly that demand for U.S. government debt could wane, driving yields up and raising the cost of borrowing for consumers and companies. Investors believe the government will be able to reduce its auction sizes as early as May, as an improving economy and early repayment of bailout funds has left the government with more cash on hand.

Related Information:
  1. Happy Mother’s Day!
  2. Happy Mothers Day!
  3. Happy Thanksgiving!!
  4. NEW PROGRAM! Homeownership Accelerator
  5. November Newsletter

Eric Burgess has written 75 articles on Mr. Mortgage @ Mason McDuffie Mortgage

Eric has been in the residential Mortgage industry since 2002. Throughout his career, Eric has earned numerous awards for superior service, has been a member of Platinum & Chairman’s Club, and is a Certified Mortgage Coach for his peers and a residential construction loan specialist. Before joining Mason McDuffie Mortgage, Eric was a Vice President at Bank of America for 7 years. In his free time, Eric loves to spend time with his wife Ivanka, and friends on the water boating the California Delta waterways and San Francisco Bay Area. He also loves travelling internationally and has a personal goal to spend at least 30 days per year travelling abroad. Eric has two dogs and is an avid animal rescuer, always stopping or providing a helping hand to animals of all species in trouble.

Contact the author

0 Responses to “Why are rates so low?”

Feed for this Entry
  • No Comments

Leave a Reply
Mortgage Lender Mortgage Rates
Home Loan Specialists Home Loan Professionals Current Mortgage Rates