Mortgage Rates Leap Out Lower

By:: MortgageLoan.com

Mortgage rates leaps out of the gates trending lower. After ending last week on a high note, mortgage rates seem to be heading right back down. Swine flu and GM restructuring looks to be putting caution back into the equities market as we open the week. This is building a nice stable low rate platform for homeowners to get their mortgage refinance done prior to inevitable future mortgage rate increases.

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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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