Wednesday, November 19, 2008

Mortgage Rates Improve

30 year fixed mortgage rates have improved over the last 24 hours. The 10 year Treasury note has been in a range of 3.25% to 4.32% over the last year and this morning is at 3.46% which is the lower end of the range and the lowest of the week. This bodes well for the future direction of mortgage rates today however this can also change in a matter of minutes. The trend this week for mortgage rates has been lower however no one ever knows what the future will bring. Work with a trusted mortgage advisor and save thousands of dollar's in interest on your largest investment.

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