Mortgage Rate Tumble
- By:
- Bill Rice | Thu, 10/09/2008
Get widgets
PDF
Print
del.icio.us
Digg
RSS
Mortgage rates continue to fall.
Reacting to the Fed's move to slash the Fed rate 0.5 percent to 1.5 percent, mortgage rates continue to fall. Rates also continue to get downward pressure from the flight to safety as investors avoid the equities market and park cash in treasury bonds.
As the market begins to stabilize on the increased recovery assistance to banks and markets, expect mortgage rates to continue to drop in the short-term.
Get Mortgage Rates
National Rates
| Loan Type | Today |
|---|---|
| 30 yr fixed | 4.83 |
| 15 yr fixed |
4.39 |
| 5/1 ARM | 3.69 |
Rates may contain points
Browse Mortgage Rates
Featured Guides
Browse our comprehensive guides to popular topics related to mortgage and personal finance.
