floridas best realtor: Interest Rates Up Slightly for the 3rd Week in a Row
- 02/06/11 12:16 AM
For the third straight week, we have seen an increase in the 30 year fixed rate but again in was a small one of only 5 basis points. It has been 7 weeks since we last saw three weekly increases in a row but certainly we are not seeing the volatility in the markets and rates seem to be “settling” in to a tighter trading range. As of this morning, the average overnight rate for a 30 year fixed rate sits at 4.89% up from the 4.84% we were at a week ago. Remember this is the … (2 comments)
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