Mortgage Rate Re-Pricing Alert 11:20 AM ET, July 29, 2010

By:: David Coster - MortgageLoan.com

A reversal in the markets from early trading has erased initial losses in mortgage-backed securities and pushed them into positive territory. This should result in lowered mortgage pricing.

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

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