Tuesday, November 20, 2012
Subject : Daily Rate Update: After Starting Steady, Mortgage Rates Move Higher in the Afternoon
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Nov 20, 2012 3:38PM
Mortgage rates started out the day mixed but mostly lower as lenders passed along market improvements from late in yesterday's session. Mid-morning headlines about a potential ceasefire in the Middle East along with news that Eurozone finance ministers were making progress on releasing bailout funds to Greece both served to send interest rates higher in financial markets. The market volatility ultimately prompted several lenders to release negatively revised rate sheets, making for a net increase...
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