Friday, December 7, 2007

How Are Interest Rates Today?

Unfortunately today interest rates creaped up a little. Word on the street is that it was because of strong unemployment numbers - there were more jobs created than anticipated. Coming soon: a guest blogger to speak more about the relationship between interest rates and the economy! Here are today's rates from Burnet Home Loans:

Fixed Conventional
30 Year 6.25%
20 Year 6.125%
15 Year 5.875%

Conventional Arms - (GO WITH THE FIXED!!!)
5 Year 6.25%
7 Year 6.375%
10 Year 6.625%

FHA/VA
FHA - 6%
VA 6%

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