Mortgage Rates Steady

By:: MortgageLoan.com

Mortgage rates are relatively flat. Although earnings reports were expected to be stark the market is reacting negatively and pushing a multiple day downturn. This is moving money into Treasuries and MBS markets, with a preference to MBS. This is a good sign for confidence in the mortgage market, but is not causing significant repricing of mortgage rates.

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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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