Orlando Mortgage Blog

10yr Down 25 bps In 4 Days

December 20th, 2010 9:36 AM by BILL WILBANKS


After climbing up to 3.55% at one point last week the 10 year bond is at 3.278% at 9:30 this morning after closing Friday at 3.3298%. That's some good newsn if you were one on the one's caught by surprise last week as the 30 year fixed purchase topped 5% on rate. Not a lot going on until the middle of the week this week report wise. If you are on the cusp you may want to take a hard look at today's rates when they are published to tie one down that may have been missed in last week's rocketing increases over three days. Read on.

We've got the 4.75% back this morning on 30 day purchases. Who knows for how long but it's here for now.

Points have been up/down most of the afternoon and at the moment they are up .25% point net for the day with the 10year at 3.3416% at 3:19 ET. Best thing to do is call for a current quote daily right now.

Posted in:General
Posted by BILL WILBANKS on December 20th, 2010 9:36 AM


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