Fixed rates falling again as bond yields shift. Big banks as low as 3.59% on a 5 year term while broker channel has mortgage lenders down to 3.49% . Historic lows!
Variable rate mortgages still attractive even with prime increases. Discount below prime as great as .80%, which nets out to 2.20% based on prime rate today. Much [...]
Entries from October 2010
Rate Update & Mortgage News
October 13th, 2010 · No Comments
Tags: General