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Does anyone know where I could look at current FHA market rates? I locked in at 5.75% two weeks ago and the float down period started today. I have doubts that Wachovia/Wells Fargo will personally monitor and call me once the rate goes down, if at all. It seems like it went down to 5.50% today. Is there somewhere that shows what the current rate is like in the 10 year treasury bond, ect.
Thanks
I locked today at 5% paying .75 of a point.....(which equated to $1,200)...going FHA.
My Broker is also going to monitor it daily in case it gets better.....