Mortgage Rates Head Lower
- By:
- Bill Rice | Wed, 12/31/2008
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Mortgage rates are again trending lower on a very short trading day. Federal Reserve's announcement of definitive plans to begin heavy purchasing of mortgage-backed securities in January nudges down already low rates.
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National Rates
| Loan Type | Today |
|---|---|
| 30 yr fixed | 4.83 |
| 15 yr fixed |
4.39 |
| 5/1 ARM | 3.69 |
Rates may contain points
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