Special offer

Mortgage Rates Up Slightly In the San Antonio Area

By
Mortgage and Lending with Gold Financial Services

Mortgage Rates Up Slightly In the San Antonio Area 

As reported by CNNMoney.com -- Treasurys turned lower Wednesday following a lackluster debt auction of 10-year notes for this morning 2/11/2010.What prices are doing: The benchmark 10-year note was down 13/32 to 97-13/32, and its yield rose to 3.70% from 3.65% earlier in the day. Prices and yields move in opposite directions. What analysts are saying is the week bidding was a "sign that foreign buyers are no longer aggressively stepping up to the plate" said Weiss Research analyst Mike Larson.

Mortgage rates in the San Antonio/Universal City/Schertz area are still around the 5.00% or below. 

Steve Brown

Gold Financial Services

A Division of America Home Key

Office: 210-658-7474

Cell: 210-862-2885