Mortgage rates moved decidedly lower in most cases, bringing them to their lows of the week on average. The bond markets that drive rate changes showed solid determination in spite of a batch of economic data that would normally suggest higher rates. In fact, a few lenders are slightly higher in rate vs yesterday, but that speaks more to the stratification of pricing and strategies between lenders than to the broader consensus. Most lenders were in better shape, some of them significantly, but none so much so that it suggested a change to the conventional 30yr Fixed best-execution rate of 4.125%
Posted on: Mon, 17 Jun 2013 16:08:03 +0000
Trending Topics
Recently Viewed Topics
© 2015