Housing Bottom? One of the things I watch for regarding a possible housing bottom are daily mortgage rates. Below is list of Today's Mortgage Rates out of Wells Fargo.
Loan Type - Interest Rate - APR - 6/3/11
30-Year Fixed 4.500% 4.686%
30-Year Fixed FHA 4.375% 5.385%
15-Year Fixed 3.750% 4.069%
5-Year ARM 2.875% 3.126%
5-Year ARM FHA 3.250% 3.311%
Jumbo Loan Rates - APR - 6/3/11
30-Year Fixed 4.875% 5.012%
5-Year ARM 3.500% 3.299%
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