Mortgage Blog

The rate stuck in the lower range

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 lowest
level anytime soon.

The uncertainty in middle east will drive the
interest rates lower, but the inflation fears
will move the long term interest rates higher.

So we should not see significant lower interest
rate level for the next a few weeks unless the
unrest in Libya can not be under control.

Posted in:General
Posted by Eric Fang on February 28th, 2011 8:48 AM



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