Mortgage Rates Day 2 after the Twist

United States Treasury

Image via Wikipedia: United States Treasury

Not a lot of updated information to report. 

Today the 10 Year Treasury closed up at 0.0930% to 1.8080.  Yesterday it closed at 1.72.  The 30 year mortgage rate tracks closely to this index.

The Twist has not been implemented yet, just announced.  However, there is speculation that the market has already priced this in so we may not see much of a drop at all.  Word about this possibility had been floating around for sometime before the announcement.

Today’s Rates from Edina Realty Mortgage show no change today. 

Today’s Mortgage Rates

The current interest rates shown below are based on a purchase of a single-family, primary residence. For current refinance rates, contact us

as of 09/23/2011 12:00 PM Central

Product Interest Rate APR
Conforming1 and FHA1 Loans
30-Year Fixed 4.000% 4.181%
30-Year Fixed FHA 3.750% 4.550%
15-Year Fixed 3.000% 3.314%
7-Year ARM 2.750% 3.122%
5-Year ARM FHA 2.750% 2.908%
Jumbo1 Loans – Amounts that exceed conforming loan limits1
30-Year Fixed 4.250% 4.392%

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