Will Auto Deal Move Mortgage Rates?

By:: Bill Rice - MortgageLoan.com

Mortgage rates look to open flat. However, good news on the auto industry front may move the stock market into it "good news" rally mode again. This will typically put negative pressure on mortgage bonds and move mortgage rates up.

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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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