Mortgage rates¬†fell¬†today, in many cases to levels not seen in well over a month. ¬†The average lender was just a hair better than last Thursday, meaning you'd have to go back to November 17th to see anything better.
4.125% is still the most prevalent conventional 30yr fixed rate on top tier scenarios, with today's improvements seen in the form of upfront costs. ¬†In other words, "effective rates" (which take closing costs into consideration) are lower while "note rates" (which is just the rate applied to your mortgage balance) are generally unchanged. ¬†...(read more)Forward this article via email:¬†¬†Send a copy of this story to someone you know that may want to read it.[img]http://www.mortgagenewsdaily.com/aggbug.aspx?PostID=697182