Daily Mortgage Rates and 10 Year Treasury Rate - August 10th

Daily mortgage rates are around 5.45% yet the relationship to the 10 year treasury rate yield shows that they should be much closer to 5.75%. This is very bad news for anyone who has been thinking about refinancing or getting their first mortgage. For quite some time I have been saying that mortgage rates are going to move up greatly in a very short period of time. Well, last week, mortgage...