See For Yourself Just How Much Impact Foreign Nations Have On U.S. Mortgage Rates

I rely on charts to tell stories from time to time; that much you know about me by now. And, I'd be lying if I said using two charts to tell a story doesn't get me uber-excited. Sometimes, two things are just made for each other: Peanut butter and jelly (proof) Jam and Joey's girl from the Xerox place (proof) Foreign Net Treasury Coupon Purchases and the Path of The 30-Year Fixed Mortgage Rate (see above chart) It's almost poetic....

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[Source: The Mortgage Reports Blog]