Rate Update 2008-08-14: 30 Year Mortgage Rate Remains Flat

By:: Paul King - MortgageLoan.com

Freddie Mac reports the average 30-yr mortgage rate was flat 6.52% for the 3rd week, in the latest report while the 15-yrs dropped to 6.07% from 6.10% and the average 1-yr adjustable rate dropped to 5.18% from 5.22% (Reuters)

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National Rates

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

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