TODAY'S RATES
and available loan programs3.69%
5 Year Fixed
Close by Oct 30
Close by Oct 30
2.15%
5 Year Variable
Prime -0.60%
Prime -0.60%
2.05%
3 Year Variable
Prime -0.70%
Prime -0.70%
According to an article posted on Nasdaq . com "Fed To Say Stronger Economy No Longer Needs Mortgage Support". The U.S. economy continues to improve, allowing the Fed to stop buying mortgage-backed securities by the end of March as planned.
Despite signs of a broadening recovery, however, the U.S. central bank is expected to say that short-term interest rates must stay close to zero for several more months due to a weak labor market and low inflation. These are the highlights expected from the Federal Open Market Committee meeting, scheduled for Tuesday....(Read More)