Mortgage Rate for Sep 5, 2007

Wednesday's bond market has opened in well in
positive territory with stocks showing sharp losses.
The stock markets are in selling mode with the
Dow down 170 points and the Nasdaq down 20
points. The bond market is currently up 12/32,
which will likely improve this morning's
mortgage rates higher by approximately
.250 of a discount point.

Here is the rate as of 09/05/2007(
all no points no fees):

Conforming(<=417k)
30 yr fixed           6.000% or 6.250%
15 yr fixed           6.000%
5/1 ARM             6.000%
3/1 ARM             5.875%

Jumbo(>417k)
15 yr fixed           6.625%
7/1 ARM             6.5%
5/1 ARM             6.375%
3/1 ARM             6.25%