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Friday, May 8, 2009

Mortgage Rates Today 5/8/09 May 8, 2009

You can find an index of historical mortgage rates by going to http://www.dowjonesclose.com/mortgagerates.html

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 - 5/08/09

40-Year Fixed 6.625% 6.827%
30-Year Fixed 4.875% 5.086%
20-Year Fixed 5.000% 5.289%
15-Year Fixed 4.625% 4.989%
5-Year ARM 3.875% 4.155%

For Previous Mortgage Rates - Click Here

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