Rates are currently at 4.875 at 1 point for amounts up to $417,000.  Rates on 15 year are at 4.25% at .5% points.

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%

 Tomorrow we have the Producer Price Index numbers and December new construction sales.  I think there is a better chance for rates to get better on the new construction numbers. I think there might be a slight improvement.  I think next Tuesdays existing sales numbers could have a huge bearing on the bond market.  I don’t think sales are as good as they should be with the different government stimulus programs.  I could be wrong,  just my opinion.

This entry was posted on Thursday, January 21st, 2010 at 9:51 am and is filed under Financing/mortgages, Interest rates. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.