Mortgage Rate Re-Pricing Alert 2:20 PM ET, August 26, 2010

Mortgage pricing may improve this afternoon. The stock market has turned negative and the mortgage-backed securities market has rallied in anticipation of a major negative revision to Gross Domestic Product figures for the second quarter and lowered forcast for the balance of 2010.

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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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