I hate this for us.

Unfortunately, this is the headline.  I know you probably aren't following the 10-year treasury yield closely, but here's why you should pay attention.

The problem?  Our home mortgage rates (which we do care about) track the ups and downs of this indicator, and it's moving on up.  

Take a look here.  Mortgage rates were sitting on a low ~ 6% on Feb 26th this year.  Two days later, the war started, and now we're pushing back into the high 6's.  See how much the mortgage rate chart parallels the 10-year yield chart?

Rates aren't everything when it comes to affordability, but they definitely factor.  For example, on a $500k mortgage, going from 6% to 7% is an extra $330/mo in payments.  Maybe not the end of the world, but it's still ~ 100 breakfast tacos/mo.

Whether you want to talk rates or tacos, I'm here for you.  What's on your mind?