April 13, 2024

FHA Mortgage Rates Hit All Time Lows As Home Sales Increase

Due to the ongoing financial crisis and flight to safety, investors piled into US government bonds again today, driving interest rates to levels not seen in 50 years.  The 10 year US treasury note, which is the benchmark for mortgage pricing, actually slipped below 2% today before selling off and closing at 2.08%. Ironically, lower […]