The European debt crisis is taking its toll on the U.S. stock market and sovereign debt yields. But it also has the yield on the 10-year Treasury note lower than any close on record — creating more opportunity for U.S. mortgage originators. The 10-year yield closed at 1.70 percent on May 17 — its lowest [...]
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Forex Trading Terms For Beginners
September 1st, 2011
davidguide As you enter the Forex trading world you might be introduced to a number of different terms. You may not know what they mean, and you might need further explanation. Understanding Forex trading jargon is vital to your success as a trader. Therefore, some of the most commonly used terms are defined below: Bid-This is [...]
30-Year Above 4.7%
December 8th, 2010
davidguide During trading Wednesday, the yield on the 10-year Treasury was 14 basis points higher than at the Tuesday’s close. Based on an analysis of Treasury activity, the 30-year fixed-rate mortgage is likely to climb to around 4.75 percent in Freddie Mac’s survey this week. Looking at wholesale pricing at par, the 30-year is priced at [...]
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