A Smaller “Term Premium” means Lower Mortgage Rates

Especially after Wednesday's announcement from the Treasury

This is the second in a three-part series where I argue that mortgage rates are headed lower. It’s a more technical post—paying clients can text me directly with any questions here. The data from the charts and background reading is in the usual spot.

Twenty years ago I moved to India for the better part of a year, and kept a blog to record my adventures…