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re: Will mortgage interest rates drop again soon?
Posted on 6/17/09 at 11:09 am to contrafleaux
Posted on 6/17/09 at 11:09 am to contrafleaux
no one knows for sure. The 10 year, as LSUputin pointed out, dropped yesterday and today. Yield sits at 3.58 right now, compared to almost 4 last week. So, you would expect rates to drop some (done about 3bp since last week per bankrate).
Who knows to be honest. 5.5 is a great rate if you ask me.
Who knows to be honest. 5.5 is a great rate if you ask me.
1
Posted on 6/17/09 at 11:18 am to MileHigh
Thanks for the info. 
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