The Federal Reserve’s New Rates
With the Federal Reserves announcing that they will start to taper their bond buying policies the 10 year treasury note skyrocketed to a 4 year high. Rates for home loans have gone up almost 1% in just three weeks, the biggest advance since June 2009. The average cost of new 30-year, fixed-rate home loans climbed to 4.24 percent from 3.36