Mortgage Rates Indicating a Morning Reversal Downward

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 4.83
15 yr fixed 4.39
5/1 ARM 3.69

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