Sunday, October 20, 2013

Mortgage Rates Much Lower After Debt Deal

English: Mortgage debt
 (Photo credit: Wikipedia)
Mortgage rates fell significantly today, returning in line with the lowest levels seen in recent weeks for some lenders.  Not every lender experienced the improvement in the same way, however, with some still not back to last week's best offerings.  Whatever the case, the average top-tier Conforming30yr fixed rate is back to 4.25% (best-execution). Interestingly enough, the most comparable day for rate sheets is just before the start of the government shutdown. Read full article: Mortgage Rates Much Lower After Debt Deal