Today's one of those days where the mortgage market wakes up slowly, doesn't get right in the shower, leafs through the paper while sipping some decaf coffee, and slowly gets around to work. Not unlike many of us this morning after seeing the traffic reports and seeing all of the snow here in the Greater Seattle Area.

There are no economic releases of note today, and a treasury auction this week, so bond traders are aware of that and despite the stock market generally in negative territory there's not really any reason for rates to do anything but, well, hang out.

Anyone up for a game of Pictionary?

4.75% Rate / 4.899% APR

P&I payment: $2,175.27
Loan amount: $417,000
Down payment/equity: 20%
Loan Program: 30 Year Fixed

Rates as of 12/22/08, subject to change without notice. Though I'm not holding my breath on this one...

--James Wirth