Tuesday, March 8, 2011

Interest Rates Up Slightly On Stock News

Interest Rates for most Loan Products rose slightly today, as the Stock market bounced up from its lows of yesterday.

Still boucing around at 2-month lows, the 30-year Fixed moved up by about .125% to 4.75% (4.98% APR).

This is still well under the 5% Rate that was available 3 weeks ago.

Rate should bounce around in this area (4.625% - 5%) for the foreseeable future, as world events continue to play havoc with the markets.

No comments:

Post a Comment