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Late Rates…
Late post on rates, however, if you went to lock today, you will have noticed that rates went UP.  Sorry.
Expect near 6% on a 30 year fixed through competitive lenders.

Rates are basically unchanged from Friday.  They are still competitive at 5.75% on a 30 year fixed for good to excellent credit borrowers.  ARM’s should be pricing better by about .25% or more.
This is not an offer to lend.

Expect rates to be worse than yesterday by 1/8th of a percent.  It could be worse by 1/4 of a percent depending on the market.  5.875% on a 30 year fixed is average, some competitive lenders still offer 5.75% at par.

Credit seems to be flowing more freely, the stock market is under 9,000, and rates are DOWN too.  Competitive 30 year fixed mortgage rates should be at or near 5.75% for good to excellent credit borrowers on conventional loans.

Mortgage rates are up for fixed loans. 6.00% is a competitive rate for those with good to excellent credit.
Adjustable rate mortgages are being offered as low as 5.375% on 5/1 ARMs.
These are not offers to lend.

Mortgage rates across the board are up today.  Stock markets opened weak following huge sell offs in overseas markets.  Typically when the market is tanking like this, people invest in bonds as well as mortgage backed securities.  When mortgage backed securities are being purchased, the price goes up and the yield goes down - which [...]

Today’s mortgage rates are essentially unchanged from yesterday with a chance for high rate volatility. 
The best mortgage rates for 30 year fixed loans under certain terms are near 5.75%.  Points may apply.  This is not an offer to lend.