Nov 14, 2012 2:30PM
Mortgage rates moved higher at a quicker pace today despite the fact that US Treasury yields were unchanged to slightly improved. In some cases, Best-Execution moves up from 3.25% to 3.375% but most borrowers will see today's change in the form of increased COSTS as opposed to increased rates themselves. ( Read More:What is A Best-Execution Mortgage Rate? ) We've discussed the relationship between Treasuries and mortgage rates in the past, albeit in a different context, HERE . To summarize, although...
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