Today’s Lowest Mortgage Interest Rates – Home Loan Rates Up in April 2010 as 10 Year Treasury Rate Yield Rises
Today’s lowest mortgage interest rates have moved up to a level around 5.15% as home loan rates are up in April 2010 as the 10 year treasury rate yield rises. Over the last few weeks mortgage interest rates have moved from 4.75% to 5.15% due to the rise in 10 year yields and the fact that the Federal Reserve Bank is no longer purchasing MBS (mortgage backed securities). Many Americans are likely to search to find low interest rates as they want to grab the last of low rates.
Searches for mortgage interest rates have increased at the end of March and beginning of April as seen on the Google Insights for Search chart. Look for this continue as many homeowners are likely to search for today’s lowest mortgage interest rates as home loan rates are up in April 2010 due to this rise in 10 year treasury rate yields.
Author: Charles Dean
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