Wednesday, October 17, 2012
Subject : Daily Rate Update: Mortgage Rates Higher Again Ahead Of High Risk Events
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Oct 17, 2012 2:09PM
Mortgage rates moved higher for the third straight day on Wednesday as markets gear up for important data and events on Thursday. Interest rates in the broader bond markets moved higher overnight on various headlines out of Europe and the pressure on rates continued into the domestic session thanks to a better-than-expected Housing Starts report. Best-Execution has already moved up to 3.375% easily and for some lenders, is pushing 3.5%. ( Read More:What is A Best-Execution Mortgage Rate? ) Even though...
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