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US Treasury secretary to meet in Europe with top finance leaders next week

U.S. Treasury Secretary Jacob Lew will travel to Europe next week to meet with top financial leaders. The trip comes as the region is in the grips of financial troubles triggered by a banking crisis in Cyprus.

The Treasury Department says Lew will meet with European Council President Herman Van Rompuy and other European Union officials in Brussels on April 8. He will then fly to Frankfurt for a meeting that day with Mario Draghi, the president of the European Central Bank.

On April 9, Lew will travel to Berlin for talks with German Finance Minister Wolfgang Schaeuble and then to Paris to meet with French Finance Minister Pierre Moscovici.

Treasury said in a statement Lew would be discussing economic developments in Europe and ways to promote financial stability.

Bank Rates

Loan Type Graph Rate +/- Last Week
30 Y Fixed Graph 3.95% dw 3.98%  
15 Y Fixed Graph 3.08% up 3.04%  
30 Y Fixed Jumbo Graph 4.28% up 4.22%  
5/1 ARM Graph 3.43% up 3.30%  
5/1 Jumbo ARM Graph 3.17% up 3.13%  
Loan Type Graph Rate +/- Last Week
$30K HELOC Graph 4.33% up 4.32%  
$50K HELOC Graph 4.06% -- 4.06%  
$30K Loan Graph 5.05% -- 5.05%  
$50K Loan Graph 4.48% -- 4.48%  
$75K Loan Graph 4.50% -- 4.50%  
Loan Type Graph Rate +/- Last Week
36 M New Graph 2.96% up 2.94%  
36 M Used Graph 3.50% up 3.48%  
48 M New Graph 3.24% up 3.22%  
48 M Used Graph 3.03% dw 3.04%  
60 M New Graph 3.25% up 3.24%  
Loan Type Graph Yield +/- Last Week
6 month Graph 0.39% -- 0.39%  
1 yr Graph 0.72% -- 0.71%  
5 yr Graph 1.52% up 1.50%