Daily Mortgage Interest Rates Today for July 27 – Morning Update – Refinance Rates Push Up Early
Posted on | July 27, 2010 | No Comments
Daily mortgage interest rates today for July 27 are seeing a push higher early on Tuesday morning. The 10 year treasury rate yield is up over 1.5% and 30 year fixed mortgage rates seem to be following the lead higher. This is the fourth day in a row that we have seen 10 year yields up or unchanged. Refinance rates and mortgage interest rates for today, July 27 are as follows:
30 Year Fixed Mortgage Rates – 4.43%
15 Year Fixed Mortgage Rates – 3.93%
The 10 year treasury rate yield closed above its 20 day moving average for the first time in almost two weeks yesterday and it looks as if it will be heading higher going into the end of the week. Since 1971, the 10 year treasury rate yield and 30 year fixed mortgage rate have had a very strong correlation. We look for this to continue to be the case going in to the second half of 2010 as there is less government intervention when it comes to mortgage refinance rates.
Author: Alan Lake
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