February 28th, 2011 8:48 AM by Eric Fang
1)5/1ARM already at the history lowest level.
2)30 yr fixed will not go back to the lowestlevel anytime soon.
The uncertainty in middle east will drive the interest rates lower, but the inflation fearswill move the long term interest rates higher.
So we should not see significant lower interest rate level for the next a few weeks unless theunrest in Libya can not be under control.