Mortgage Interest Rate Market Guide

01 Jul, 2009

Daily Mortgage Interest Rate Observer 07/01/09

Snapshot of the morning news...

- Tsys and MBS opened a bit lower (good for rates)

- ADP employment numbers worse (good for rates)

- Fed's Yellen says rates could be near zero for years. (good for rates)

Current 30 year conventional prime still hovering in the mid to low 5's for prime borrowers


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