June 1, 2012
Mortgage Rates Still Headed Down!
Today, the interest rate for th 10 Year Treasury bond slipped under 1.5%. This should translate into a mortgage rate for a 30 year conforming loan to 3.5% or so. The rates may actually drop lower, based on the ‘safe haven’ of the treasuries that investors flock to when the economy looks uncertain. Call us at 925-308-7045 for more information on how to obtain a loan at these rates.