Interest Rate News for February 2, 2010
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%
I don’t think you will see anything significant this week. If durable good orders come in with high numbers at the end of the week then you will see an up tick, I think this will happen. Just my opinion and I could be wrong.


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