Rate Update 2008-07-08: Rates Flat; Stocks and Earnings Reports Focus

Bonds were flat again on Tuesday in anticipation of corporate earnings. There was no economic news released. Rates should decrease by about .25 to price today on strength in late Monday trading.

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Loan Type Today +/-
30 yr fixed 3.80
15 yr fixed 3.10
5/1 ARM 2.73

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