Just a brief note on mortgage rates – they’re holding steady this week.
- 30 Year Fixed Rate: 4.75% (unchanged)
- 30 Year FHA Fixed Rate: 4.625% (Down 0.125%)
- 15 Year Fixed Rate: 4.375% (unchanged)
Look for rates to stay in the high 4′s and low 5′s for the next few months and perhaps even into Q3 of 2011.