Today’s Current Mortgage Rates Update News as of 1PM on Saturday, January 16, 2010, from http://www.RateAlertNow.com. Provides a daily, comprehensive look at how today’s current home loan rates and points fell sharply again on Friday, after worries escalated about the stability of the major banks in light of rising mortgage defaults and foreclosures. Also offers a look at the potential impact on whether low rates will continue on home loans including home financing, home refinance and home purchase as well as other residential real estate refinancing of all fixed rate mortgages from new news about October-through-December gross domestic product results to be released on Friday, January 29th.

Duration : 0:2:31