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There is only one thing that controls where mortgage rates go next -- and it's not the 10-year treasury note.
Over the long-term, the 10-year treasury tracks the mortgage market. But you're not shopping for rates long-term -- you're shopping "right now". It's why the 10-year treasury is mostly irrelevant to rate shoppers.
The FHA is changing its mortgage insurance policies October 4, 2010, and the Refi Boom is finally showing signs of its end. In this 150-second video, we talk about it all.