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We will get 4.875% soon
January 14th, 2010 3:02 PM

The rate trend is lower. Usually the rate difference between 30 yr fixed and 15 yr fixed is 0.5%; If that's the case, 30 yr fixed should be 4.875% soon since we already have 4.375% for 15 yr fixed for some time.

By the way, the auction today is very good. The rate should be good in the next a few days.

Posted in:General
Posted by Eric Fang on January 14th, 2010 3:02 PMPost a Comment

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