30 Year Fixed Mortgage Rates – Interest Rates Moving Higher in November
Posted on October 28th, 2009 by Quick Refinance Quotes News
The average for 30 year fixed mortgage rates have been at or below 5% since the beginning of September. Now that the Federal Reserve Bank is going to stop buying US Treasuries at the end of October we can expect mortgage rates to start moving higher. It is very unlikely that mortgage rates are going to move drastically higher but if the 10 year yield gets close to 4% like it did this summer we can expect to see mortgage interest rates around 5.6%. If you have been thinking about refinancing
Filed under: Mortgage Refinance News