Thursday, January 20, 2011

Intra-Day Climb in 30 Year Mortgage Rate

Michael Dunton, senior vice-president at Mt McKinley Bank, emails to report:
A rare intra-day change up for the 30 year mortgage...

The 30 year rates is now up to 4.875%.
Hope you have your rates locked in.

1 comment:

  1. Interesting that when equities gapped down this morning, Tsy futures were down as well. With the intraday rally in equities, Tsy futures are down even more. 30 yr yield took out the mid-Dec high and is now in territory not seen since pre-flash crash in late Apr. Looks like Ben is getting his substitution effect.