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Description: You hope to buy a house and have been saving diligently over the last few years. - House Cost: $500,000 -You have saved 20%

Description: You hope to buy a house and have been saving diligently over the last few years.

- House Cost: $500,000

-You have saved 20% downpayment.

-You hope to get a 30 year mortgage.

- 30 year mortgage cost 100 bps above 30 year treasury (07/29/2022)

Q-1) Treasury Yield curve as of 12/31/2020 and 07/29/2022. Create a Chart

Q-2) What has happened to mortgage rates: compare rates 12/31/2020 and 07/29/2022? How has that affected you as a borrower?

Q-3) Create an amortization table based on Mortgage rate as of 12/31/2020? (In Excel)

Q-4) Create an amortization table based on Mortgage rate as of 07/29/2022? (In Excel)

Q-5) How have monthly payments changed between 12/31/2020 and 07/29/2022?

Please provide explanations with the proper excel tables!!!

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