Interest Rate News for February 9, 2010
Rates are currently at 4.875 at .75 point for amounts up to $417,000. Rates on 15 year are at 4.25% at .625% points.
For loans between $417,000 and $567,500 they’re at 5.25% at .375 or 5.125 at .75% points.
Above $567,500 to $600k they are at 5.75%
The big numbers come out at the end of the day tomorrow with the 10 year treasury auction. It will depend upon how well international buyers feel about buying US treasuries. I think you will see some purchasing so rates will improve. I could be wrong.

