Call money 0.6%, Mortgages Jumbo up at 7.10%

Discussion in 'Economics' started by Digs, Mar 20, 2008.

  1. Digs

    Digs

    The 30yr Mtg

    Fixed as fallen, but the jumbo has not, its actually up. The banks are making good monies on the spread with the 10yr T Note vs jumbo.


    Can the fed get the mortgage rates down ?

    And the TED spread has gone NUTS...

    http://www.bloomberg.com/apps/quote?ticker=.TEDSP:IND
     
  2. Confirmation of the obvious...........treasuries aren't as risky as mortgages.