Mortgage Rates Continue Improving To End The Week

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Posted To: Mortgage Rate Watch

After improving for the first time in a week yesterday, Mortgage rates moved slightly lower again on Friday. That said, late day market weakness may lead some lenders to recall initial rates sheets and raise rates/fees modestly. Even then, rates would still be at their best levels of the week with more lenders today joining the ranks of those already back down to a 3.25% Best-Execution for 30yr Fixed Conventional loans. ( Read More:What is A Best-Execution Mortgage Rate? ) All things considered, it was a positive week for mortgage rates. From start to finish, rates underwent the process of stemming losses that carried through the 3-day weekend and reversed those losses by Thursday, ultimately heading into Friday evening at the week's best levels. The week ahead is busier in terms of economic...(read more)

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Source: www.mortgagenewsdaily.com

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