Monday Jan 25, 2010

Mortgage Rates

This weeks mortgage rate highlights:

  • 30 YR Fixed rate loans are 5.597%
  • 10 YR Treasury note is 3.597
  • There are 7... yes 7!!! key economic reports scheduled for release this week.
  • Friday is very important this week.... tune in to find out why
  • 5YR and 7YR Treasury notes go to auction on Wednesday and Thursday
  • Lock all loans scheduled to close within the next 7-20 days
  • Float all loans scheduled to close within the next 21-60 days

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