Singapore Property Market outlook 2012 : Singapore’s central bank expects inflation to average between 2 and 3 cent in 2011. The island nation’s GDP is also officially forecast to register a healthy growth of 4 to 6 per cent next year, despite moderat- ing from the estimated 15 per cent for 2010.
Singapore Property Market Outlook
The main increase in Supply is in year 2012 and year 2013, at 13,246 and 15,492 respectively. In year 2014, the number falls to 9,049. Thus, based on the numbers, it would appear that year 2010 we are still likely to see Supply insufficient to meet Demand, thereby causing an "upward pressure" on Prices Read More...
Singapore Property Market to Ride on Economic Growth in 2011
The pressure due to (the) increase in supply of retail space at (the) Orchard/Scotts Road area is expected to ease as retail space is expected to be gradually absorbed,” he said. “With lesser supply coming on stream in 2011 and 2012, retails rents may increase. Read More...
Private property market in Singapore to crash in late 2011?
Will the superheated state of property price continue to increase or will we be able to sustain property prices for long in this superheated state? Will we be able to take a second wave of superheating in 2011 without the market come crashing down? I think everything goes up must come down and the higher it goes up, the harder it is when it eventually comes down Read More...
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Showing posts with label property. Show all posts
Showing posts with label property. Show all posts
Wednesday, August 31, 2011
Wednesday, July 13, 2011
irish property market forecast 2011
irish property market forecast 2011 : The property market in Ireland is in a lull at the moment. No one knows the true value of property,there are contradictory facts coming from the Government,they are talking about the end of the recession and turning the corner
More than 1500 companies have gone bust in 2010 The Vision -net analysis found that 55% of all hotels in Ireland. 44% of Construction Firms,41% of all Real Estate firms are experiencing serious credit distress , In the manufacturing sector,35% of firms are at high risk,and in the wholesale and retail trade the figure is 40% The 2 main problems are Getting paid and getting a loan
At best the Irish Business & Property market will remain floored,while at worst,a further crisis engulfing several of the weaker countries and their banks Karl Marx once said that Religion was the Opium of the people Well Property was the opium of the Irish People from 1994 to 2007. Since then The Irish are in a Massive Detox
Grim outlook for Irish property market
House prices in Ireland could drop by 55% from peak to trough, according to stress tests being used by the Irish central bank to assess the true extent of bad debt in the country's financial institutions. The outlook seems bleak, with house prices destined to fall by 55% between the peak of 2006 and trough of 2013. Read More...
house prices in Ireland will continue to fall
The Irish property market has some way to go before it bottoms out. Having seen property values fall 50 per cent since 2007, another 10 per cent decline is forecast before prices bottom out in 2011. A report from TCD finance professor Brian Lucey, estimates that house prices in Ireland will continue to fall for another 18 months; further intensifying the growing problem of negative equity throughout the country. Read More...
Irish property market looking up in 2011
Ireland's property market experienced improvement in January as home prices rose and an increase in sales were noted. The Royal Institution for Chartered Surveyors (RICS) forecasts that the trend will continue throughout 2011.Read More...
property market forecast 2011, ireland property market forecast 2011, irish property market 2011, irish property market forecast 2012, galway property market forecast 2011, irish property market prediction 2012
More than 1500 companies have gone bust in 2010 The Vision -net analysis found that 55% of all hotels in Ireland. 44% of Construction Firms,41% of all Real Estate firms are experiencing serious credit distress , In the manufacturing sector,35% of firms are at high risk,and in the wholesale and retail trade the figure is 40% The 2 main problems are Getting paid and getting a loan
At best the Irish Business & Property market will remain floored,while at worst,a further crisis engulfing several of the weaker countries and their banks Karl Marx once said that Religion was the Opium of the people Well Property was the opium of the Irish People from 1994 to 2007. Since then The Irish are in a Massive Detox
Grim outlook for Irish property market
House prices in Ireland could drop by 55% from peak to trough, according to stress tests being used by the Irish central bank to assess the true extent of bad debt in the country's financial institutions. The outlook seems bleak, with house prices destined to fall by 55% between the peak of 2006 and trough of 2013. Read More...
house prices in Ireland will continue to fall
The Irish property market has some way to go before it bottoms out. Having seen property values fall 50 per cent since 2007, another 10 per cent decline is forecast before prices bottom out in 2011. A report from TCD finance professor Brian Lucey, estimates that house prices in Ireland will continue to fall for another 18 months; further intensifying the growing problem of negative equity throughout the country. Read More...
Irish property market looking up in 2011
Ireland's property market experienced improvement in January as home prices rose and an increase in sales were noted. The Royal Institution for Chartered Surveyors (RICS) forecasts that the trend will continue throughout 2011.Read More...
property market forecast 2011, ireland property market forecast 2011, irish property market 2011, irish property market forecast 2012, galway property market forecast 2011, irish property market prediction 2012
UK housing market predictions 2011 - 2012
UK housing market predictions 2011 - 2012 ; UK house prices are likely to remain subdued for almost another decade, with no return to pre-crisis levels likely until 2020, according to a new report published by PricewaterhouseCoopers (PwC).
The report, the UK's Economic Outlook, revealed only a 12 per cent chance that real house prices would rise to their pre-recessionary peak levels in 2007 by 2015, with a just over 50 per cent chance of a rise expected by 2020.
According to the report, UK house prices are also predicted to drift down even further over the next year before enjoying only a "modest" recovery over the next few years.
John Hawksworth, chief economist at PwC, said this reflected the dampening impact of declining real income levels and continued tight credit conditions for first time buyers.
Mr Hawksworth said that it will be "a long slow road to recovery" and that stronger growth in house prices isn't to be expected until later in the decade, when "supply shortages reassert themselves and credit availability gradually returns to more normal levels".
Despite consumer spending expecting to fall this year by 0.3 per cent in real terms, the survey revealed that the UK could expect GDP growth of up to 1.3 per cent in 2011 due to bullishness with net exports.
By next year, growth levels are expected to see a 2.2 per cent rise. These predictions are based on business investments that are expected to pick up as consumer spending is still expected to remain subdued.
A continued squeeze on consumer and government spending, as well as weak house prices, are reported to be contributing factors dampening the consumer spending sector.
As the UK as a whole is faced with a slow recovery process, there is a distinct regional pattern to growth, with the public spending cuts causing recovery in Northern Ireland, Scotland, Wales and the North East to lag, Mr Hawskworth added.
The report confirmed that growth projections for London and the South East would be the most robust since they are less dependent on the public sector and more dependent on the international finance and business service sectors. (source www.ftadviser.com )
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The report, the UK's Economic Outlook, revealed only a 12 per cent chance that real house prices would rise to their pre-recessionary peak levels in 2007 by 2015, with a just over 50 per cent chance of a rise expected by 2020.
According to the report, UK house prices are also predicted to drift down even further over the next year before enjoying only a "modest" recovery over the next few years.
John Hawksworth, chief economist at PwC, said this reflected the dampening impact of declining real income levels and continued tight credit conditions for first time buyers.
Mr Hawksworth said that it will be "a long slow road to recovery" and that stronger growth in house prices isn't to be expected until later in the decade, when "supply shortages reassert themselves and credit availability gradually returns to more normal levels".
Despite consumer spending expecting to fall this year by 0.3 per cent in real terms, the survey revealed that the UK could expect GDP growth of up to 1.3 per cent in 2011 due to bullishness with net exports.
By next year, growth levels are expected to see a 2.2 per cent rise. These predictions are based on business investments that are expected to pick up as consumer spending is still expected to remain subdued.
A continued squeeze on consumer and government spending, as well as weak house prices, are reported to be contributing factors dampening the consumer spending sector.
As the UK as a whole is faced with a slow recovery process, there is a distinct regional pattern to growth, with the public spending cuts causing recovery in Northern Ireland, Scotland, Wales and the North East to lag, Mr Hawskworth added.
The report confirmed that growth projections for London and the South East would be the most robust since they are less dependent on the public sector and more dependent on the international finance and business service sectors. (source www.ftadviser.com )
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Monday, July 11, 2011
Mortgage Rates for Monday, July 11, 2011
Mortgage Rates for Monday July 11 2011 : Mortgage rates declined due to the poor jobs report issued on Friday and renewed fears of European debt contagion. If you are looking to save money on your home payments, now may be the time to lock a low rates. Total Mortgage offers some of the best rates that you can find anywhere. Give us a call and find out why we were named one of Inc. Magazine’s fastest growing private financial services companies in the United States. To speak with one of our licensed mortgage professionals, call us at 877-868-2503. Savings are just a call away.
European bond yields are up sharply today.
Slow growth could prompt the Fed to keep rates low for another year. It would be the longest period of record low rates since WWII.
Industry groups want more explanations of revised loan disclosure forms.
The Emergency Homeowners Loan Program would help homeowners who are unemployed and behind on their mortgage.
Will Republicans and Democrats be able to reach a deal on the debt ceiling?
Our Rates and Products:
Fixed rate mortgages are extraordinarily popular because they provide a great deal of cost certainty over the life of the loan. 30 year fixed rate mortgages are available today for qualified borrowers starting at the rate of 4.375% with an APR of 4.491%. 15 year fixed rate mortgages are going at a rate of 3.625% with an APR of 3.825%.
Adjustable rate mortgages can provide huge monthly savings compared to fixed rate mortgages. For some borrowers, they can be a fantastic deal. 5/1 ARMs are available at a rate of 3.000% and an APR of 3.125%.
The rates on jumbo mortgages are lower than they have been in quite some time. 30 year fixed rate jumbo mortgages start at 5.125% with an APR of 5.228%. A 5/1 Jumbo ARM starts at 3.000% with and APR of 2.959%.
FHA mortgages are very popular among first time home buyers because of their 3.5% minimum down payment. 30 year fixed FHA mortgages are available at a rate of 4.250% with a 5.563% APR.
***Mortgage rates are always changing. All rates were quoted at 1:10 P.M., on July 11, 2011.***
Mortgage Product Mortgage Rates APR
30 Year Fixed Conventional Mortgage 4.375% 4.491%
15 Year Fixed Conventional Mortgage 3.625% 3.825%
30 Year Fixed FHA Mortgage 4.250% 5.563%
30 Year Fixed Jumbo Mortgage 5.125% 5.228%
5/1 Conforming ARM Mortgage 3.000% 3.125%
5/1 Jumbo ARM Mortgage 3.000% 2.959%
* All rates shown are for 30 day rate locks. Longer locks are available. The APR for conventional loan amounts is calculated using a loan amount of $417,000, 1 point, a $495 application fee, $400 appraisal fee, $715 underwriting fee and a $16 flood certification fee. The APR for jumbo loan amounts is calculated using a loan amount of $500,000, two points, a $495 application fee, $400 appraisal fee, $715 underwriting fee and a $16 flood certification fee. The APR for FHA loan amounts is calculated using a loan amount of $295,000, two points, a $495 application fee, $450 appraisal fee, $715 underwriting fee and a $16 flood certification fee. Some rates and fees may vary by state. All interest rates listed are for qualified applicants with 720 or higher FICO and 80 LTV and are subject to mortgage approval with full documentation of income. All rates are subject to change without notice. All rates shown are for 30 day rate locks with 1 point unless otherwise noted.
European bond yields are up sharply today.
Slow growth could prompt the Fed to keep rates low for another year. It would be the longest period of record low rates since WWII.
Industry groups want more explanations of revised loan disclosure forms.
The Emergency Homeowners Loan Program would help homeowners who are unemployed and behind on their mortgage.
Will Republicans and Democrats be able to reach a deal on the debt ceiling?
Our Rates and Products:
Fixed rate mortgages are extraordinarily popular because they provide a great deal of cost certainty over the life of the loan. 30 year fixed rate mortgages are available today for qualified borrowers starting at the rate of 4.375% with an APR of 4.491%. 15 year fixed rate mortgages are going at a rate of 3.625% with an APR of 3.825%.
Adjustable rate mortgages can provide huge monthly savings compared to fixed rate mortgages. For some borrowers, they can be a fantastic deal. 5/1 ARMs are available at a rate of 3.000% and an APR of 3.125%.
The rates on jumbo mortgages are lower than they have been in quite some time. 30 year fixed rate jumbo mortgages start at 5.125% with an APR of 5.228%. A 5/1 Jumbo ARM starts at 3.000% with and APR of 2.959%.
FHA mortgages are very popular among first time home buyers because of their 3.5% minimum down payment. 30 year fixed FHA mortgages are available at a rate of 4.250% with a 5.563% APR.
***Mortgage rates are always changing. All rates were quoted at 1:10 P.M., on July 11, 2011.***
Mortgage Product Mortgage Rates APR
30 Year Fixed Conventional Mortgage 4.375% 4.491%
15 Year Fixed Conventional Mortgage 3.625% 3.825%
30 Year Fixed FHA Mortgage 4.250% 5.563%
30 Year Fixed Jumbo Mortgage 5.125% 5.228%
5/1 Conforming ARM Mortgage 3.000% 3.125%
5/1 Jumbo ARM Mortgage 3.000% 2.959%
* All rates shown are for 30 day rate locks. Longer locks are available. The APR for conventional loan amounts is calculated using a loan amount of $417,000, 1 point, a $495 application fee, $400 appraisal fee, $715 underwriting fee and a $16 flood certification fee. The APR for jumbo loan amounts is calculated using a loan amount of $500,000, two points, a $495 application fee, $400 appraisal fee, $715 underwriting fee and a $16 flood certification fee. The APR for FHA loan amounts is calculated using a loan amount of $295,000, two points, a $495 application fee, $450 appraisal fee, $715 underwriting fee and a $16 flood certification fee. Some rates and fees may vary by state. All interest rates listed are for qualified applicants with 720 or higher FICO and 80 LTV and are subject to mortgage approval with full documentation of income. All rates are subject to change without notice. All rates shown are for 30 day rate locks with 1 point unless otherwise noted.
UK Housing Market prediction July 2011
UK Housing Market prediction July 2011 : The regional differences in the housing market were even more stark in June, with prime London property prices hitting a new record high while prices in the rest of the UK remained broadly flat. Rents in prime London also continued to climb, as the scarcity of mortgages boosted activity in this sector
Average house prices across the UK were unchanged last month, but there were wide regional variations, with London continuing to outperform the rest of the country.
Average prices of all London houses rose by 2.6% in the three months to June, while the average rise across the whole of the UK was just 0.3%.
Prices across the UK have slipped by 1% over the last year.
Property values are likely to remain broadly unchanged for the rest of the year, supported by low interest rates.
The base rate has been at a record low of 0.5% since March 2009 and economists forecast that it is unlikely to rise until the economic recovery is fully established. Recent data confirmed that the economy effectively stalled between September last year and March this year.
The economists' predictions about base rates were re-enforced in late June when Mervyn King, Governor of the Bank of England, indicated that rate rises were unlikely to be implemented until the economy was stronger and unemployment was falling rather than rising.
Official figures from the Office for National Statistics, published last month, showed that the number of people claiming jobseekers' allowance continued to climb in May, rising by 19,600 to hit a 13-month high of 1.49 million.
Meanwhile recent data from the manufacturing sector showed that activity grew at the slowest rate in 21 months in June, denting hopes that the desired 're-balancing' of the economy away from services and towards manufacturing was beginning to materialise.
Economists forecast that gross domestic product (GDP), the key measure of the economy's growth, will have risen by just 0.3% between April and June, a figure which will be far from enough to signal that the country is in a strong enough state to withstand a rise in interest rates.
Meanwhile inflation remains high, at 4.5% in May, putting increasing pressure on households as wage growth is muted.
While the economic fragility is dampening buyer confidence, a lack of mortgage funding is also a major factor, with many first-time buyers unable to secure a home loan deal unless they have a large deposit.
Banks, which are dealing with the fall-out from the financial crisis and the new financial regulations coming into force, have dramatically cut back on lending since 2007, and are cherry-picking the best applicants in many cases. They are also favouring applicants with large deposits, typically those who have already built up equity in a property, creating a gridlock in activity at the base of the housing ladder, which is having a knock-on effect on activity throughout the whole market.
Our forecast for a 6% drop in average house prices across the UK this year may prove too pessimistic if interest rates stay pegged at 0.5% for the rest of 2011, as low interest rates will help underpin prices. But if the rate rises are delayed until next year, the 6% bounce back we forecast in 2012 may be more modest.
Housing market activity:
Estate agents reported that while new buyer enquiries fell slightly in May, newly agreed sales edged upwards, albeit at a very slow pace. There was also a rise in the number of new properties being put on the market, causing the sales-to-stock ratio to fall to around 20%, well below the long-run average of 33%.
But agents surveyed by RICS expect that the number of sales will continue to rise modestly in the next three months, although they also anticipate further falls in house prices.
Mortgage lending, another key indicator of activity in the market, also picked up during the month, with figures from the Council of Mortgage Lenders (CML) showing that gross mortgage lending totaled £11.3 billion in May, up 12% from April and 1% from May last year. But this is still well below typical lending rates seen before the financial crisis, and while it suggests a slight easing in the market, funding is still severely constrained.
In a further sign of the turbulence in the mortgage market, BNP Paribas' private banking arm, which specialises in high-value loans, last month withdrew from the market over concerns about its exposure to Greece given the turmoil in the country.
The CML recently revised down its forecasts for housing transactions this year by 20,000 to 840,000, which is well below the long-run average of 1.2 million transactions a year. But activity is expected to improve next year, with 900,000 transactions forecast.
Meanwhile the rental market continues to go from strength to strength as those unable to get on the property ladder are forced to live in rented accommodation.
Demand continues to outstrip supply in many areas of the country, which is pushing up rents.
Rents for prime London properties rose by 0.3% in June, taking the annual increase to 15.2%. Rents are now 26% higher than in June 2009.
Prime market performance:
The demand for properties in prime central London locations continued unabated in June, with prices rising by 0.9% during the month. The contrast between London and the rest of the UK market was further underlined as prime prices reached a new record high. They are now 2% higher than the previous market peak in March 2008.
Prices have risen by more than a third over the last two years.
Activity in this market shows little sign of slowing, as interest from domestic and overseas buyers remains strong. Viewing figures were up 8% on the year in June, and the volume of properties under offer in June was 52% higher last month than in June last year.
This rise in activity has, to some extent, been caused by a rise in supply to the market. Stock volumes rose by 12% in the year to June, but demand is still far greater, meaning that prices will continue to rise, although perhaps at a slightly slower pace in the second half of the year.
In light of this, Knight Frank has revised up its forecast for price growth in the prime London market from 3% to 9%, which also allows for a slight slowing in the pace of growth towards the end of the year.
Prices of prime country houses have remained broadly flat since the beginning of the year - slipping by 0.7% in the second quarter, which partly offset the 0.5% rise in the first three months of the year.
But the North-South regional divide was further highlighted by the Prime Country House Index data, which shows that while prices held up between April and June in the home counties, prices in the North of England edged down across the board.
Average house prices across the UK were unchanged last month, but there were wide regional variations, with London continuing to outperform the rest of the country.
Average prices of all London houses rose by 2.6% in the three months to June, while the average rise across the whole of the UK was just 0.3%.
Prices across the UK have slipped by 1% over the last year.
Property values are likely to remain broadly unchanged for the rest of the year, supported by low interest rates.
The base rate has been at a record low of 0.5% since March 2009 and economists forecast that it is unlikely to rise until the economic recovery is fully established. Recent data confirmed that the economy effectively stalled between September last year and March this year.
The economists' predictions about base rates were re-enforced in late June when Mervyn King, Governor of the Bank of England, indicated that rate rises were unlikely to be implemented until the economy was stronger and unemployment was falling rather than rising.
Official figures from the Office for National Statistics, published last month, showed that the number of people claiming jobseekers' allowance continued to climb in May, rising by 19,600 to hit a 13-month high of 1.49 million.
Meanwhile recent data from the manufacturing sector showed that activity grew at the slowest rate in 21 months in June, denting hopes that the desired 're-balancing' of the economy away from services and towards manufacturing was beginning to materialise.
Economists forecast that gross domestic product (GDP), the key measure of the economy's growth, will have risen by just 0.3% between April and June, a figure which will be far from enough to signal that the country is in a strong enough state to withstand a rise in interest rates.
Meanwhile inflation remains high, at 4.5% in May, putting increasing pressure on households as wage growth is muted.
While the economic fragility is dampening buyer confidence, a lack of mortgage funding is also a major factor, with many first-time buyers unable to secure a home loan deal unless they have a large deposit.
Banks, which are dealing with the fall-out from the financial crisis and the new financial regulations coming into force, have dramatically cut back on lending since 2007, and are cherry-picking the best applicants in many cases. They are also favouring applicants with large deposits, typically those who have already built up equity in a property, creating a gridlock in activity at the base of the housing ladder, which is having a knock-on effect on activity throughout the whole market.
Our forecast for a 6% drop in average house prices across the UK this year may prove too pessimistic if interest rates stay pegged at 0.5% for the rest of 2011, as low interest rates will help underpin prices. But if the rate rises are delayed until next year, the 6% bounce back we forecast in 2012 may be more modest.
Housing market activity:
Estate agents reported that while new buyer enquiries fell slightly in May, newly agreed sales edged upwards, albeit at a very slow pace. There was also a rise in the number of new properties being put on the market, causing the sales-to-stock ratio to fall to around 20%, well below the long-run average of 33%.
But agents surveyed by RICS expect that the number of sales will continue to rise modestly in the next three months, although they also anticipate further falls in house prices.
Mortgage lending, another key indicator of activity in the market, also picked up during the month, with figures from the Council of Mortgage Lenders (CML) showing that gross mortgage lending totaled £11.3 billion in May, up 12% from April and 1% from May last year. But this is still well below typical lending rates seen before the financial crisis, and while it suggests a slight easing in the market, funding is still severely constrained.
In a further sign of the turbulence in the mortgage market, BNP Paribas' private banking arm, which specialises in high-value loans, last month withdrew from the market over concerns about its exposure to Greece given the turmoil in the country.
The CML recently revised down its forecasts for housing transactions this year by 20,000 to 840,000, which is well below the long-run average of 1.2 million transactions a year. But activity is expected to improve next year, with 900,000 transactions forecast.
Meanwhile the rental market continues to go from strength to strength as those unable to get on the property ladder are forced to live in rented accommodation.
Demand continues to outstrip supply in many areas of the country, which is pushing up rents.
Rents for prime London properties rose by 0.3% in June, taking the annual increase to 15.2%. Rents are now 26% higher than in June 2009.
Prime market performance:
The demand for properties in prime central London locations continued unabated in June, with prices rising by 0.9% during the month. The contrast between London and the rest of the UK market was further underlined as prime prices reached a new record high. They are now 2% higher than the previous market peak in March 2008.
Prices have risen by more than a third over the last two years.
Activity in this market shows little sign of slowing, as interest from domestic and overseas buyers remains strong. Viewing figures were up 8% on the year in June, and the volume of properties under offer in June was 52% higher last month than in June last year.
This rise in activity has, to some extent, been caused by a rise in supply to the market. Stock volumes rose by 12% in the year to June, but demand is still far greater, meaning that prices will continue to rise, although perhaps at a slightly slower pace in the second half of the year.
In light of this, Knight Frank has revised up its forecast for price growth in the prime London market from 3% to 9%, which also allows for a slight slowing in the pace of growth towards the end of the year.
Prices of prime country houses have remained broadly flat since the beginning of the year - slipping by 0.7% in the second quarter, which partly offset the 0.5% rise in the first three months of the year.
But the North-South regional divide was further highlighted by the Prime Country House Index data, which shows that while prices held up between April and June in the home counties, prices in the North of England edged down across the board.
Sunday, July 10, 2011
mortgage rates prediction week july 11 2011
mortgage rates prediction week july 11 2011 ; Fixed mortgage rates rose this week by the most in four months. The average rate on the 30-year loan increased to 4.6 percent, up from 4.51 percent a week ago, Freddie Mac said Thursday. It hit its lowest level of the year three weeks ago, at 4.49 percent.
The average rate on the , a popular refinancing option, rose to 3.75 percent. It reached its low point of the year tw15-year fixed mortgageo weeks ago, at 3.67 percent.
30-Year Fixed 4.625% 4.812%
30-Year Fixed FHA 4.500% 5.523%
15-Year Fixed 3.750% 4.069%
5-Year ARM 3.000% 3.170%
5-Year ARM FHA 3.250% 3.236%
Rates typically track the yield on the 10-year Treasury note. And mortgage rates could rise further now that the Federal Reserve's $600 billion bond buying program has ended.
mortgage rate trends, mortgage interest rate trends, mortgage rate trend chart, mortgage rates trend graph, mortgage rate trends for 2010, historical mortgage rates, mortgage rates historical graph, historical 30 year mortgage rates, historical jumbo mortgage rates, historical commercial mortgage rates.
The average rate on the , a popular refinancing option, rose to 3.75 percent. It reached its low point of the year tw15-year fixed mortgageo weeks ago, at 3.67 percent.
30-Year Fixed 4.625% 4.812%
30-Year Fixed FHA 4.500% 5.523%
15-Year Fixed 3.750% 4.069%
5-Year ARM 3.000% 3.170%
5-Year ARM FHA 3.250% 3.236%
Rates typically track the yield on the 10-year Treasury note. And mortgage rates could rise further now that the Federal Reserve's $600 billion bond buying program has ended.
mortgage rate trends, mortgage interest rate trends, mortgage rate trend chart, mortgage rates trend graph, mortgage rate trends for 2010, historical mortgage rates, mortgage rates historical graph, historical 30 year mortgage rates, historical jumbo mortgage rates, historical commercial mortgage rates.
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