Interest Rate News for November 3, 2009
Rates are currently at 4.875 at .75 point for amounts up to $417,000.
For loans between $417,000 and $567,500 they’re at 5.25 at .375%.
Above $567,500 to $600k they are at 5.75%
The unemployment numbers come in this Friday, that data will be the largest indicator this week. The Federal Board meets tomorrow…..they shouldn’t come up with any surprises yes. I think rates will stay steady. Just my opinion and I could be wrong.

