Daily Mortgage Interest Rates Today for July 28 – Morning Update – 30 Year Moves Higher
Posted on | July 28, 2010 | No Comments
Over the last few days the 10 year treasury rate yield has continued to push higher making most of those in the mortgage market realize that 30 year fixed mortgage rates would soon follow higher as well. The 10 year yield was on a four day winning (or unchanged) streak but early on today it seems as if the 10 year yield is down to the tune of .25%. With that being the case daily mortgage interest rates today for July 28 are as follows:
30 Year Fixed Mortgage Rates – 4.44%
15 Year Fixed Mortgage Rates – 3.94%
If the 10 year yield continues to pull back slightly today it should not make a huge difference as a slight pullback can be expected after a four day winning streak. The 30 year fixed mortgage rate will likely hover around the point where it is now until the 10 year yield makes a very strong movement in one direction or the other.
Author: Alan Lake
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