Mortgage Rates Slightly Lower

Hot news from AZ Home Help:

Posted To: Mortgage Rate Watch

Mortgage rates were just slightly lower in most cases today. Last Friday, rates did a bit better than the underlying market weakness would have suggested, and now today, they've done a bit worse than the underlying strength would suggest, leaving them right about where they should be if the past two business days never happened. The most prevalently-quoted conventional 30yr fixed rate remains 4.0% with some lenders continuing to offer 3.875%. In most cases, the differences in rates over the past few days will only be seen in the form of varying closing costs as opposed to changes in the actual contract rate. Despite the gentle movement since Thursday, the past few weeks have seen more than their fair share of volatility. In terms of the bigger picture, rates have made several attempts to move...(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

Source: http://www.mortgagenewsdaily.com/consumer_rates/474472.aspx

- For more real estate news visit our website at http://www.AzHomeHelp.com