Posted To: Mortgage Rate Watch
Mortgage rates haven’t been moving much lately, and today was no exception . Some lenders were a hair better than Friday while others were just a bit worse. On average, the most prevalently quoted conventional 30yr fixed rates remained unchanged for top tier borrowers. Most lenders are at 3.75% in that regard while a few are at 3.625%. Keep in mind that it may make sense to pay more up front in exchange for a lower rate, depending on personal preference. Little happened in terms of the financial markets that underlie interest rates today. There were no significant economic reports and news headlines were generally of no interest to traders. This will change in a big way on Wednesday as we’ll not only get the first reading on Q1 GDP, but also the Fed Announcement in the afternoon. Even though…(read more)
Via:: Mortgage Rates Continue Sideways Ahead of Fed
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