Mortgage Rate Re-Pricing Alert 10:00 AM ET, August 19, 2010

By:: David Coster - MortgageLoan.com

As indicated in our mortgage rate overview this morning, a surprise to the downside in the Philadelphia Fed Index could result in mortgage pricing improvements. The report was far more negative than anticipated and mortgage-backed securities rallied significantly. Mortgage pricing is improving as a result.

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National Rates

Loan Type	Today	+/-
30 yr fixed	3.72
15 yr fixed	3.03
5/1 ARM	2.75

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