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.

Current Mortgage and Bond Rates 10/01/2009
Today's Mortgage and Bond Rates
Bond Market Rates Mortgage Rates
30 Year Treasury 3.95% 30 year Fixed 5.13%
10 Year Treasury 3.18% 15 Year Fixed 4.60%
2 Year Treasury 0.87% 1 Year ARM 3.93%
3 Month Treasury 0.09%
Other Stats
Oil 70.19 Gold 1.000.40 Dow 9,509.00

Looks like we were a little early in calling the lows for the bond market and mortgage rates. The stock market struggled today and bonds were winners as a result.

The economy looks like it is either sinking again or maybe it never really recovered. That's not for me to decide.

The facts are that the employment numbers are still bad the manufacturing numbers are bad, housing is still bad. In this environment rates will be staying low for a while