Mortgage Rates Flat

By:: Bill Rice - MortgageLoan.com

Mortgage rates remain flat today. Market anticipates Federal Reserve benchmark rate announcement tomorrow. Expectation is another significant cut, but does not correlate to a decline in mortgage rates. However, Madoff scandal and equities sell off may.

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National Rates

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

Rates may contain points

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