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Mortgage Rates Commentary, Rates and Indices

MORTGAGE MARKET

Refinance Rates

User Guide | Most Recent Market Report | Economic Calendar

DATE: Monday 12/31/2007 at 10:57 AM (Eastern)

Market Direction

Rates are

 Moving slightly lower

Rate Volatility

 Low
Interest Rate Trends

Long Term (4-6 weeks)

 Up

Short Term (1-2 weeks)

 Down

Market Commentary

This section of the Daily Market Update will be on vacation from 20 Dec. through 2 Jan. It will return on 3 Jan. 2008. Happy Holidays!




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U.S. Treasury Bonds Mortgage Point Change

Security

Change

Yield

30 YR Bond

down

4.47%

10 YR Bond

 down

4.05%

Security

Change

30 Year Fixed

+0.00

15 Year Fixed

 +0.00


National Average Mortgage Rates
Week Ending 12/28/2007


Key Interest Rates

Mortgage

Rate

Points

30 Year Fixed

6.17

0.50

15 Year Fixed

5.79

0.50

1 Year Adjustable

5.53

0.70

1 Year TBill

3.37%

11th District COFI

4.23

Prime Rate

7.25

Discount Rate

4.75

Fed Funds Rate

4.25

Reliance on information, recommendations and opinions stated herein is at the risk and discretion of readers. Copyright © Myers Internet Services, Inc.

 

Mortgage Rates by State

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