Archive for March, 2010

March 9, 2010

Tuesday, March 9th, 2010

Rates are currently at 4.75 at .875 point for amounts up to $417,000.  Rates on 15 year are at 4.25% at .125% points.

For loans between $417,000 and $567,500 they’re at  5.125 at .625% points.

Above $567,500 to $900k they are at 5.625%

I just think that rates are going to stay steady for the next few months.   We are finally seeing the jumbo rates above the $567,500 loan amount start to improve.  Right now the interest rates seem to be following the stock the market which seems pretty level.  Today is a good day for rates.