We’re starting to see a reversal today as the GNMA bond is under pressure. The Dubai mess is unwinding and appears to be regional. We’re getting blistering numbers in the housing market. Add to this the fact that mortgage bonds appear to be overbought, we’re ripe for a reversal.
We’ll start today at 4.75% on a 30 Year Fixed FHA Interest Rate with EXTREME volatility possible.
Tags: FHA Interest Rate, fha loan, FHA Loan Rate, loan rate