Mortgage Rate Watch
- By:
- Bill Rice | Wed, 11/05/2008
Yesterday was a good day for mortgage rates as they eased on the eve of Presidential election finality. However, today is likely to be a mortgage market referendum on President-elect Barack Obama. Expect trended movement. Early indicators are mortgage rates moving downward.
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National Rates
| Loan Type | Today |
|---|---|
| 30 yr fixed | 4.83 |
| 15 yr fixed |
|
| 5/1 ARM | 3.69 |
Rates may contain points
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