Question: What is the best way to see
where long term rates are going?
The 10 year Treasury Securities are the best way to monitor this. However, it is just the opposite of what the Treasury Securities are doing. So when you see the Treasury Securities go up, that means long term rates are going down. When you see the Treasury Securities go down, that means long term rates are going up.
That is what the Federal Reserve Quantative easing program is all about. The Federal Reserve goes in and buys Treasury Securities to keep the long term rates low.
For more information on home financing in Colorado,
I can be contacted at:
Dependable Mortgage Co.
Rhonda Sherman, Owner
License # 100008357 NMLS # 381084
145 Grand Avenue, Suite B
Grand Junction, CO. 81501
Office: (970) 257-1502 or Cell: (970) 250-8613
Website: Dependable Mortgage Co.
Regulated by the Division of Real Estate
An Equal Housing Lender