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Conventional Mortgage

Using data from the St. Louis Federal Reserve

(FRED) (http://research.stlouisfed.org/fred2/),

analyze changes in mortgage interest rates and

interest rates on 10-Year Treasury bond.

a. Find the most recent values and the

values from the same month 6 years and

10 years earlier from FRED for the 30-Year

Conventional Mortgage Rate (MORTG) and

the 10-Year Treasury Constant Maturity Rate

(GS10).

b. Using these data, describe what has happened

to these long-run interest rates over these

periods.

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