I'm David Beadle. Here's what's happening from RateAlertNow.com. Mortgage rates were flat on Thursday despite a new high in crude oil prices to levels not seen since September 2008. Gasoline prices also moved up. The national-average 30-year fixed-rate mortgage is at four and three-quarter percent with two and three-eighth points, unchanged from Wednesday. On Friday, we will see if a federal government shutdown takes place. The latest indication from those placing bets on the possibility shows a 55% likelihood of such an outcome. But that could change, depending upon what transpires as the clock ticks down toward the 11:59PM ET deadline. That's what's happening. I’m David Beadle. If you want to "avoid" being caught "by surprise" the next time mortgage rates rise, find out about my *Real-Time* text and email "bulletins," by visiting RateAlertNow.com.
04/07/2011
