Friday's Rates Down

The bond market opened up today on stock market losses. Rates should improve today by about .125 to the price. There was no ecomonic news released today. Next week we'll see reports on the housing and manufacturing sectors, the PPI and consumer confidence readings. The week starts with January existing Home Sales. Stay tuned for another volatile week.

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National Rates

Loan Type Today
15 yr fixed 4.72%
30 yr fixed 5.16%
5/1 ARM 4.60%

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