April 2022 interest rate update

April 2022 Interest Rate Update

April 7, 2022

The Federal Reserve’s March meeting ended on Wednesday with policymakers signaling that surging inflation along with a tight labor market could warrant a half-point rate hike at future meetings.

This type of “hawkish” tone from the Fed along with increased inflation statistics has moved the benchmark 10 year Treasury from 1.33% a year ago to 2.65% at the close of the market today.

This is still low from a historical standpoint. We thought that the charts below would point this out. The current market for fixed-rate loans looks like the following:

  • 3-year fixed from 3.50-4.50%
  • 5-year fixed from 3.90-5.00%
  • 10-year fixed from 3.90-5.00%
  • 15-year fixed from 4.00-5.00%
  • 20-year fixed from 4.25-5.25%


April 2022 interest rate update


April 2022 interest rate update