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.

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.