May 12 2019
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30-Year Mortgage Rates vs. 10-Year Treasury Yield
There is a very high correlation between the 30-year mortgage rates and the 10-year treasury yield
30-year mortgage rates = 1.739 x (10-year treasury yield)² + 0.7755 x (10-year treasury yield) + 0.0227
R² = 0.9787
Image: Calculated Risk