INTEREST RATE MARKET INDICATORS

 

The following graphs are from various sources to assist the consumer in getting a view of trends in the marketplace for interest rates. Please read the explanation for each graph, keeping in mind that these are indicators of market trends, but do not guaranty a prediction of present or future mortgage rate movement.

The graphs included here are:

  1. The national averages for 30 and 15 year fixed mortgages
  2. The ten year US Treasury, intraday and four day lookback
  3. The 10 year US Treasury intraday
  4. A link to the Freddie Mac Rate Weekly Mortgage Market Rate Survey Page

NATIONAL MORTGAGE RATE AVERAGES

These graphs show the 30 and 15 year mortgage rate national averages. These graphs are a useful source for visualizing the historic trendline for mortgage rates.

THIS IS THE FREDDIE MAC WEEKLY AVERAGE CHART FOR THE PREVIOUS WEEK
This graph shows the weekly average of rates as compiled by Freddie Mac on Thursday of each week:



10 YEAR US TREASURY CHARTS

(5 Day and 1 Day)

These charts show the 10-year US Treasury. We often watch the 10-year Treasury bond to get an indication of where rates are headed on a day-by-day, and on an intraday basis. While there is no perfect indicator for the direction of rates, this financial instrument often can be used as a trend indicator, and is very useful for making the decision on a given day whether to lock the mortgage interest rate or not.

Depicted here are a 5-day graph, and the current day graph with the intraday information on a 20-minute delay. Both of these show Bond Yield. Theoretically, rising yields would be indicative of a rising trend in mortgage rates and vice versa.

5 DAY GRAPH

CURRENT DAY GRAPH - 20 MINUTE DELAY INTRADAY

(Red line indicates previous day close)
LINK TO FREDDIE MAC WEEKLY MORTGAGE MARKET RATE SURVEY
CLICK HERE

 

Copyright 2009 Joe Lanser, Joe Lanser.com

Graphical information provided by Yahoo Finance, Interest.com, and Big Charts.