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Current Interest Rates for December 30, 2010Posted by Cathy Meder on Monday, January 3rd, 2011 at 9:16am.
Current Interest Rates 12/30/2010
We can expect interest rates to rise slowly over the coming year and they have been doing that since late summer of this year. Look for the 30-year fixed-rate loan is to rise slowly to about 5.3% near the end of 2011.
The forecast by the government is for national unemployment to drop to around 9.2%. This is good because more people working means more money at work and more people will be able to purchase a home.
30 Year Fixed 4.75% APR 4.915%
15 Year Fixed 4.125% APR 4.4%
FHA 30 Year Fixed 4.75% APR 5.2%
5 Year ARM 3.25% APR 3.415%
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