Mortgage Rates Expected to Hold

By:: Bill Rice - MortgageLoan.com

Already at historic lows, mortgage rates are expected to stay flat today. Although there is anticipation of Friday's sure to be negative unemployment data and a preview expected in today's ADP numbers there is pressure to sustain these low levels. Unemployment rising and equities trading horizontally are giving little support to move mortgage rates even lower.

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National Rates

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

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