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Mortgage Interest Rates November 19 – 30 Year Fixed Higher Today

Posted on | November 19, 2009 | No Comments

Mortgage interest rates for November 19th, 2009 are higher today.  The 30 year fixed mortgage rate is up to 4.71% while the 15 year fixed mortgage rate is up to 4.25%.  The 5/1 ARM is also up to 3.66%.  The 10 year treasury rate yield is down slightly this morning and the next level of support looks to be the 200 day moving average.

If the 10 year yield breaks through the 200 dma then there is a very good chance that we will see mortgage rates plummet to new all time lows.  The weekly all time low for the 30 year fixed mortgage rate is 4.61%.  We saw mortgage rates very close to this level earlier in the week but that was just on a daily basis.

The rest of this week is likely to be slow when its comes to volatility as much of the financial data has been released and Fridays in the Fall also seem to be slow.  Over the next few weeks we are going to find out if mortgage rates can drop to all time lows or if they bounce and move towards 5%.  Either way, now is a great time to lock in to a low mortgage interest rate.

Make sure to check out Subprime Blogger on a daily basis for your mortgage interest rates. We will display the current rates as well as a short commentary similar to the above column. Bookmark the following daily mortgage rates category to gain easier access to our mortgage interest rates column:

Daily Mortgage Rates Column

Author: Jesse Wojdylo

Category: daily mortgage rates

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