Short Week for Mortgage Rates

By:: MortgageLoan.com

Expect little movement in mortgage rates this week. The shortened holiday week, with little or no economic news, is certain to leave mortgage rates relatively unchanged. The only volatility that may be introduced is from market reactions to what are expected to be abysmal earnings reports and possibly and unexpected statements in the Wednesday FOMC minutes.

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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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