Friday, December 28, 2012
Subject : Daily Rate Update: Mortgage Rates End Week at Best Levels, but Risks Persist
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Dec 28, 2012 2:55PM
Mortgage rates continued a moderate trend of improvement from mid-week, bringing rates to their best levels of the week on Friday. All of the recent day-over-day changes in rates have taken place on quite a small scale historically as broader markets stay exceptionally contained ahead of the Fiscal Cliff deadline. Conventional 30yr Fixed Best-Execution rates are still widely viable at 3.375%, but 3 days of minor improvements brings 3.25% increasingly back into view. ( Read More:What is A Best-Execution...
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