Rates are currently at 5.125% at .875 points for amounts up to $417,000.

For loans between $417,000 and $567,500 they’re at 5.375 at .75%.

Above $567,500 to $600k they are at 5.75%

Rates finished well last week but they got worse at the end of the week.  This week we probably will see a very volatile market because there will be many bond auctions (if there are too many buyers than sellers rates will get worse).  My crystal ball says to wait until employment numbers a week from Friday and inflation numbers the following week.  Again……this is just my opinion; I could be wrong.

Rates are currently at 5% at .875 points for amounts up to $417,000.

For loans between $417,000 and $567,500 they’re at 5.25 at .75%.

Above $567,500 to $600k they are at 5.75%

Chairman Burnanke did make some major comments and they were good for interest rates.  He mentioned that the economy is slowly recovering but it appears that inflation is staying even.  New home sales and unemployment numbers come out on Thursday which should also be good for rates.