Call money 0.6%, Mortgages Jumbo up at 7.10%

[Digs]

The 30yr Mtg

Fixed as fallen, but the jumbo has not, its actually up. The banks are making good monies on the spread with the 10yr T Note vs jumbo.


Can the fed get the mortgage rates down ?

And the TED spread has gone NUTS...

http://www.bloomberg.com/apps/quote?ticker=.TEDSP:IND

 

[nazzdack]

Confirmation of the obvious...........treasuries aren't as risky as mortgages.