Interest Rate Update 4.30.12

The bond market is up a bit today as the economic news of the day was a bit bearish.  Stocks are down but not by much.  Overall interest rates for most mortgage loan programs remain stable compared to last week.  Later in the week we get the all important jobs report and some analyst or projecting that to be a bit weaker than expected.  Last week the GDP number was soft, and although earnings this quarter remain decent, the economic data has been somewhat soft.  Fixed rates and Adjustable rates continue their stability.