Mortgage Rates Near Recent Lows Ahead Of Three Day Weekend

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Posted To: Mortgage Rate Watch

Mortgage rates were mixed today , with some lenders in slightly better shape and others slightly higher in cost. Any lenders who were in better territory were afforded the opportunity by market improvements yesterday afternoon and earlier this morning. The remainder of the trading session has been fairly negative for mortgages with several lenders releasing negatively revised rate-sheets. Best Execution remains in between 3.375% and 3.25% for 30yr Fixed, Conventional Loans. ( Read More:What is A Best-Execution Mortgage Rate? ) There was little by way of data or events to inspire market movements today. Although there were several economic reports this morning, they didn't have much impact as markets stayed reasonably tuned in for an afternoon speech from Obama. The president spoke about the...(read more)

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