We reported yesterday on a blog post that the Federal Reserve put out, arguing their case that the rate hike shouldn’t have any impact on long-term, fixed rate mortgages. It turns out, they’re not the only ones who think that. CNBC wrote a similar piece last week. The main difference is, their article is a little less technical; a little easier to read. So, if you didn’t read the Fed blog post, check out this article But the conclusion is the same — long term treasuries are what matter for long-term mortgage rates.
Theresa Springer’s Blog
CNBC Agrees – Fed Move Won’t Affect Mortgages
December 24, 2015