Mortgage Rates Flat
- By:
- Bill Rice | Mon, 12/15/2008
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 | 4.83 |
| 15 yr fixed |
|
| 5/1 ARM | 3.69 |
Rates may contain points
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