Freddie Mac’s 30Y Rate Rises To 7.31%, Highest Since Dec 2000, 10-year Treasury Yield Up To 4.67% (Mortgage Rate Up 69% Under Biden) – Confounded Interest – Anthony B. Sanders

Freddie Mac’s mortgage rate is up to 7.31%, the highest level since December 2000. That means that mortgage rates are up 69% under Biden.

That is in spite of $2.5 TRILLION in agency MBS being held on The Fed’s balance sheet.

As the 10-year Treasury yield is up to 4.67%.