Wednesday, November 21, 2012
Subject : Daily Rate Update: Mortgage Rates All Over The Board Heading Into Holiday Break
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Nov 21, 2012 2:01PM
Mortgage rates were all over the board today with some lenders improving noticeably and others pricing significantly weaker versus yesterday's marks. Much of this stratification has to do with late weakness on Tuesday which prompted many lenders to release negatively revised rate sheets near the end of the day. Perhaps equally important is the fact that lender pricing strategies can simply vary on days leading up to holiday closures. The net effect of the inconsistent movement turned out to leave...
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