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Current Trend Direction: Higher
Risks favor: Lock
Current Price of 10 yr Treasury: 3.88%, +.05 (green is bad, interest rates are increasing)
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Federal Reserve Chairman Ben Bernanke said Friday that the problems in the nation's financial markets persist and still threaten the economy. Bernanke said that the financial woes, coupled with record oil prices and the weakening economy, had created "one of the most challenging economic and policy environments in memory." In prepared remarks at a conference in Jackson Hole, Wyo., Bernanke also said he is encouraged by the recent oil price decline, which may signal that inflationary pressures are on the wane. 10 Year Treasury Bond Information Click here for up-to-date information on the 10 yr Treasury, which is the index used to follow the Bond market.
Rate Center
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30 yr Fixed Rate |
6.31% |
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15 yr Fixed Rate |
5.81% |
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30 yr Jumbo Rate |
7.40% |
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5/1 Arm Rate |
5.82% |
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5/1 Jumbo Rate |
6.29% |
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FHA 30 yr Fixed Rate |
6.25% |
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Sean Patrick Reilly
RE/MAX Southeast
303.512.0405
sean@seansellshouses.com
http://www.seansellshouses.com
Double Major - Real Estate & Construction Management - University of Denver '91
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