Posted by King World News
Share on Facebook
Tweet on Twitter
King World News note: Mortgage rates based on the 10-Year Treasury have been headed dramatically higher as bonds plunge
To quantify, at last Monday’s 30 yr rate of 3.47%, a $300k mortgage would have a monthly payment of $1,342.12. At the 3.88% rate, the monthly payment would increase by about $70 to $1,411.57, a 5.2% increase.
I know Mike is a very solid investor and respect his opinions very much. So if he says pay attention to this or that - I will.
~ Dale G.
I've started managing my own investments so view Michael's site as a one-stop shop from which to get information and perspectives.
~ Dave E.
Michael offers easy reading, honest, common sense information that anyone can use in a practical manner.
~ der_al.
A sane voice in a scrambled investment world.
~ Ed R.
Greg Weldon
Josef Schachter
Tyler Bollhorn
Ryan Irvine
Paul Beattie
Martin Straith
Patrick Ceresna
Mark Leibovit
James Thorne
Victor Adair