Mortgage Rate Re-Pricing Alert 1:35 PM ET, July 7, 2010

By:: David Coster - MortgageLoan.com

Lenders may increase mortgage rates from their initial morning pricing as a rally in the stock market has made bonds and mortgage-backed securities (MBS) less popular in trading today. After a string of down days in the stock market, traders are finding good opportunities to purchase shares of companies at lower prices.

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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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