Courtesy of Mish.
Curve Watchers Anonymous has been watching the rise in interest rates across much of the yield curve.
Yield Curve as of 2013-06-11
click on chart for sharper image
As one should suspect, mortgage rates have been rising in conjunction with the rise in treasury rates. Here is a chart from Steen Jakobsen, Chief economist at Saxo Bank in Denmark.
Note the annotation “30 Yr mortgages rate is up 76 basis points on the year with no growth increase“. the phrase “no growth” pertains to lack of growth in the overall US economy.
BankRate notes the following 3-month trends.
30-Year Mortgage Rate
15-Year Mortgage Rate
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