Saturday, November 10, 2012

Rates Settle Back Down After Election, Path on Housing is Status Quo

The bond market was up after the election of Barack Obama

This indicates to most of the real estate world that the path of low rates and low inventories are likely going to continue.



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Today's Rates
  • 30YR FIXED -3.375%, (3.25%, Hang on! Almost here!) 
  • FHA/VA - 3.25% (varies more between lenders than conventional 30yr Fixed)
  • 15 YEAR FIXED - 2.875% - 2.75%
  • 5 YEAR ARMS - 2.625-3.25% depending on the lender

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