After the drop in mortgage rates over the past week as investors flocked to safety in buying Treasuries and sending the 10 year yield to record year lows. Today we see a reversal of the yield. Was this the bottom point for mortgage rates this year? Who knows but I would give anyone advice who is looking to refinance or buy a home to get locked into these low rates before they are gone. They will take a big jump at some point.
http://money.cnn.com/2011/08/11/markets/bondcenter/treasuries/index.htm
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