Today's Mortgage and Bond Rates 10/06/2009
Bond Market Rates Mortgage Rates
30 Year Treasury 4.06% 30 year Fixed 5.22%
10 Year Treasury 3.25% 15 Year Fixed 4.67%
2 Year Treasury 0.90% 1 Year ARM 4.03%
3 Month Treasury 0.07%
Other Stats
Oil 71.40 Gold 1.039.40 Dow 9,731.250

Rates edged higher today as stocks resumed the upward trend. Pundits are saying the economy is rebounding. I fail to see the improvement. With the 3 month Treasury at .07% there is still a lot of scared money in the market. Time will tell who is right on this call.

Mortgages still look to be a good for consumers if they can qualify. I sense that rates will be moving higher soon as when the Fed stops purchasing mortgage backed securities in the not to distant future.