Hot news from AZ Home Help:
Posted To: Mortgage Rate Watch
Mortgage rates continued their recent pattern of limited movement, rising almost imperceptibly today. This keeps them in line with recent lows, which they've held uneventfully since the beginning of last week. Although today isn't quite the best of the bunch, the recent range is the the lowest stretch of several comparable days since early January. Best execution for Conventional, 30yr Fixed loans remains near the more aggressive side of 3.5%, meaning that the borrowing costs associated with 3.5% are about as low as they go before 3.375% begins taking over as a more cost effective option. With rates at current levels, anyone who "missed the boat" so to speak, heading into the end of 2012 into early 2013 is now more than half-way back to 2012's all-time lows, or very close to it. There are two...(
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Source:
http://www.mortgagenewsdaily.com/consumer_rates/305811.aspx - For more real estate news visit our website at http://www.AzHomeHelp.com
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