- One-year money is down 0.03% at 4.63%
- Two-year money is down 0.03% at 4.62%
- Three-year money is down 0.02% at 4.64%
- Five-year money is down 0.01% at 4.64%
Swaps continued to fall from their recent highs, though I still believe we will have to wait another week or so before lenders start to reduce their fixed rates.