Mortgage Rates Are Spiking – What You Need to Know NOW!

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Dan Frio
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[okboomer]

A home mortgage interest rate will never be less than or equal the T-Bill rate.
A T-Bill has zero risk of default, and all mortgages have significant risk.

The spread between T-Bills & Mortgage rates is typically 2 - 2 1/2 %.

Banksters and economists are currently predicting T-Bill rates going to 5%+.

This forces all mortgage rates to increase.

[emcalone]

There must be large players selling US debt and buying gold. I would not be surprised if we hear BRICS central banks did that over the last few months since the rate cuts started.

[chrisupton]

Interest as a % of GDP is 3.1% ... As high as it gets. If rates go higher, the US government and the US economy get hit

[shouse]

rates, how has it changed, look at auto loans, I see more and more 0% car loans offered thru manufactures, hence that tells the story of reduced demand, or people just wont or cant afford new cars. The economy is slowing down which will cause prices of goods to fall.

[mylesgray]

Real estate sales are going to be setting record low transactions this winter. They needed lower rates. It’s going to get ugly.

[MrTimthelen]

We need to talk and I will tell you exactly what is happening with interest rates and why! 10 yr. Treasury will yield over 8% by the 1st Qtr. seen anything yet!