Thursday, January 22, 2009

01/22/2009 Mortgage Rates and Market update

Good Morning to you!

This morning has been pretty wild and volitle again due to some economic news and negative earnings reports. Jobless claims are at a record high since November of 82. Bonds are attempting to trade, but are struggling. We are recommending to float, but i'll let you know if the situation changes!

30 Yr: 5.5
20 Yr: 5.625
15 Yr: 5.25

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