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13 January 2012
Mortgage Rates drop to record lows...track the yield on the 10 year treasury note
Record Rates: Rate on 30-year mortgage drops to record 3.89 pct.--Average rate on 30-year fixed loan dips to 3.89 pct., 15-year drops to 3.16 pct. >Mortgage rates are lower because they track the yield on the 10-year Treasury note, which fell below Read More...
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19 September 2011
Mortgage Rates off Recent Lows
The borrowing costs required for average mortgage rates rose today, in some cases high enough to nudge the actual interest rate an eighth of a point higher. This is the first time in over a week that we've seen recent rates threatened. Good economic Read More...
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12 March 2010
Rates still below 5%
Mortgage rates held below the 5 percent threshold, weeks before a government program that has been keeping rates low is scheduled to expire. The average rate on a 30-year fixed rate mortgage was 4.95 percent this week, down from 4.97 percent a week earlier. Read More...
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04 March 2010
Jumbo Rates Drop
The average interest rate on 30-year fixed-rate jumbos dropped to 5.79%, a nearly five-year low , according to rate tracker Informa Research Services of Calabasas. It edged up to 5.88% on Tuesday, still very attractive by historical standards. The average Read More...
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18 September 2009
10-year note fell to as low as 3.36%
INTEREST RATE UPDATE Current Trend Direction: Moving Sideways Risks Favor: Locking on the Dips Mortgage rates are lower this week as the yield on the benchmark 10-year note fell to as low as 3.36%, despite the continued rise in stocks. This week brought Read More...
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