a. Compare the rate paid by a homeowner on a 30-year mortgage to the rate (yield) paid by the Treasury on long-term Treasury bonds at the end of the school term. Explain the difference.

b. Compare the 30-year mortgage rate at the end of the school term to the 30-year mortgage rate that existed at the beginning of the school term. What do you think is the primary reason for the change in 30-year mortgage rates over the school term?