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Interest Rate News
Interest rates look to be easing
some, with 10-year fixed rates at
5.75% for the very best deals. Low-
to mid-6% range is the norm.
More lenders are offering both
shorter rates (3, 5 &7) as well as
longer fixed rate terms (15, 20 and
even 25). This widening spectrum of
fixed rate loan terms is occurring
as lenders re-group and more closely
match assets to liabilities.
US Treasuries will remain volatile,
as we have witnessed in the recent
past. However, as the year
goes on, we expect spreads to slowly
compress. Because of the
financial market uncertainties
remaining, and the too-rapid
movements that can take place, many
lenders are still quoting rates and
not spreads, and those quoting
spreads usually fix a floor rate.
Source:
Peter W. Wong Associates / INTERVEST
Newsletter, February 2010
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10-Year
Interest Rate Analysis
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Our
rates are updated every 30 minutes.
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