Indymac will be refinancing all of their Portfolio Variable Rate Mortgage Loans into Fixed Rates according to the FDIC who holds the control of the bank.

 

For the week ending 8/28/08
RATE LATEST CHANGE FEES
30-Yr Fixed (FHLMC) 6.40 -0.07 0.6
15-Yr Fixed (FHLMC) 5.93 -0.07 0.7
1-Yr Adj (FHLMC) 5.33 0.04 0.7
3-Mo Libor (FNMA) 2.81 0.00 n/a