What do you want of Mortgage Interest Rates Today ?.
Today's bottom mortgage interest rates have moved from 4.75% to 5.15% in the month of April 2010. The 10 year treasury rate yield has started a strong up trend above its 50 day intelligent midpoint and this has pushed 30 year fixed mortgage rates much higher. In a few short days we saw the 30 year fixed rate move up a quarter of a percentage point. It should be very intelligent to see where interest rates go from here.
Many homeowners are likely to be looking for today's bottom mortgage interest rates as they want an chance to lock in to a low rate before we start to see home loan rates move higher. At the starting of the year many analysts unbelievable that rates were likely to start rising in the spring of 2010. Just a few short weeks into the spring 30 year rates are starting their climb. No one knows if this climb will continue but it has been a strong move higher in just a few short weeks.
Mortgage Interest Rates Today
With housing markets still struggling there is a good possibility that many Americans will continue to look to buy homes if rates stay low. President Obama and his staff realized this but unfortunately there is only so much the Government and the Federal hold Bank can do to hold interest rates low. Finally the shop is going to set rates and that could be exactly what is happening in April of 2010. Look for rates to be very vaporing over the next few months.
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