Mortgage rates set new record lows, might hold steady next week

Mortgage rates set new record lows, might hold steady next week
Treasury bond yields, which influence the home-loan rates, have surged since Tuesday. Mortgage rates fell for the 10th time in 11 weeks, setting fresh record lows, Freddie Mac reported Thursday. But a rebound in Treasury yields in the last two days raises the possibility that home-loan interest costs won’t fall again next week.
Mortgage rates set new record lows, might hold steady next week news source : http://www.latimes.com/classified/realestate/news/la-fi-mortgage-20100903,0,2407695.story?track=rss

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