Rates continue to hang in there. They have been going up lately, despite continued poor economic performance because people are concerned about the ability of our country to fund all this bailout debt. Countries are not buying. As a result, that has been driving up rates in spite of nothing but bad news. Rates range from high 4’s to low 5’s, just depending on many factors.
News just came out that a”bail out” agreement has been reached. Stay tuned to see what this will do to rates.