FHA Mortgage Rates Today February 9 – Refinance Rates Up With 10 Year Treasury Yield

Posted on | February 9, 2010 | No Comments

FHA mortgage rates today, February 9th, 2010, are up slightly as the 10 year treasury rate yield is retracing back to its 50 day moving average.  At Subprime Blogger, we mentioned that there was a very strong possibility that the 10 year treasury rate yield would go through a break and retrace movement after penetrating through its 50 dma.  This has caused FHA refinance rates to move up slightly today.


We are currently seeing the conventional 30 year fixed mortgage rate at 4.82% while the conventional 15 year fixed mortgage rate is at 4.25%.  The 5/1 ARM is being quoted around 3.68%.  FHA mortgage rates are coming in very clost to conventional mortgage rates but it would be wise to contact your lender and see what FHA mortgage rate you would be qualified for.  Many first time home buyers are finding better opportunities in FHA mortgage rates than conventional mortgage rates.

If will be very interesting to see what the 10 year treasury rate yield does over the next few hours.  If the yield can move back above the 50 dma with conviction then we might see the uptrend continue.  If the 50 dma serves as a point of resistence then you can guess that yields will drop back to the 200 dma and FHA mortgage rates will continue to drop as well.

Author: Tiffany Mann

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