Mortgage Rates Trend Up

By:: Bill Rice - MortgageLoan.com

Mortgage rates are trending up on a lot of mortgage bond volatility. Although mortgage rates should return to lower levels, based on Federal Reserve and other government statements, the current upward movement is now a four day trend. Renewed bank crisis and continued equities market volatility are again plunging mortgage-back securities into a land of uncertainty.

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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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