Mortgage Rates Hold

By:: MortgageLoan.com

Mortgage rates continue to hold on Secretary of Treasury statements that banks are regaining stability. However, Geithner is also saying that mortgage rates have hit their targets. This brings question to the timeline of continued Federal Reserve purchases of MBS and US Treasuries that could quickly send mortgage rates upward.

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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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