June 14, 2005 LOS ANGELES -- On Monday,
mortgage interest rates crept up very
slightly at day's-end as the benchmark 10-year Treasury bond yield jumped a
notch to to 4.09 percent. The gain was not substantive, yet was noteworthy as we
anticipate economic news releases in abundance this week.
Home owners and prospective home purchase loan
candidates are likely watching rates like a hawk for fluctuations, as currently
we are experiencing 40-year lows once again after the Fed hinted that measured
rate hike campaigning may be a memory due to fears being eased regarding
inflation at the consumer level of our economy. - Article by
Nolan Voight, Columnist
for CMR Mortgage.
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