As The Monetary Madness Continues, What Is Happening Is Stunning…

Posted by King World News

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King World News note:  Mortgage rates based on the 10-Year Treasury have been headed dramatically higher as bonds plunge 


To quantify, at last Monday’s 30 yr rate of 3.47%, a $300k mortgage would have a monthly payment of $1,342.12. At the 3.88% rate, the monthly payment would increase by about $70 to $1,411.57, a 5.2% increase.

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