Mortgage Rates Indicating a Morning Reversal Downward

By:: MortgageLoan.com

The MBS market is showing a sharp trend reversal this morning. Indications are for a possible re-pricing that would reverse out much of the increase in mortgage rates from yesterday. Confusing indicators and market punditry is likely to cause significant volatility today.

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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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