Tuesday 5PM 04/12/11 Today's Current Mortgage Rates DOWN

I'm David Beadle. Here's what's happening from RateAlertNow.com.

Mortgage rates finally made a move on Tuesday, after having been "unchanged" for the prior three trading days.

The national-average 30-year fixed-rate mortgage is at four and three-quarter percent with two and a quarter points, down one-eighth of a point from Monday,

for a savings of $125

on a $100,000 loan

and $375

on a $300,000 loan.

On Wednesday,

we will see March

retail sales.

They are expected to be

at half the February increase,

which had been reported

as a one-percent gain.

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.