Mortgage Rate Re-Pricing Alert 2:40 PM ET, September 30, 2010

By:: David Coster - MortgageLoan.com

Mortgage pricing has improved this afternoon. Mortgage-backed securities prices have returned to neutral for the day after showing a step decline early this morning. Analyst credit the reversal in the stock market for the change. Traders appear to have cashed in the gains that were achieved in early trading today after three positive economic reports.

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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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