Thursday, November 1, 2012
Subject : Daily Rate Update: Mortgage Rates Hold Mostly Steady Ahead Of Employment Report
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Nov 1, 2012 3:07PM
Mortgage rates were significantly more unified in their movement on Thursday. Actually, "lack of movement " would be a better characterization as most lenders are so close to yesterday's offerings as to be more appropriately considered "unchanged." Naturally then, Best-Execution remains steady at 3.375% though some borrowers would be better served at 3.25% or 3.5% depending on the lender and scenario ( Read More:What is A Best-Execution Mortgage Rate? ). As we often note, Mortgage-Backed-Securities...
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