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Created: 06/05/2015 at 12:47 PM Updated: 26/06/2017 at 6:40 PM

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Mortgage Rates Back at 2-Week Lows

Compared to yesterday, mortgage rates are either a little bit higher or lower depending on the lender at the moment.  On average, they've inched just past last Friday's levels, meaning they're the lowest in 2 weeks.
As nice as that sounds, it's worth noting that we're really splitting hairs here.  Most anyone pricing out a mortgage right now won't see any difference in their rate quote over the past few days.  The biggest drop occurred last Friday and we haven't seen appreciable movement since then.   Most lenders continue to quote conventional 30yr fixed rates in a range of 4.0-4.25% for top tier scenarios, with 4.125% being the most prevalent.  4.0% is the runner-up and the laggards are still up at 4.25%....(read more)Forward this article via email:  Send a copy of this story to someone you know that may want to read it.
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#Posted on Tuesday, 16 May 2017 at 6:48 PM

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My archives (161)

  • Mortgage Rates Mostly Hold Last Week's Gains
    Mortgage rates were steady to slightly...
    Mon, May 15, 2017
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    Thu, May 11, 2017
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    Wed, May 10, 2017
  • Mortgage Rates Continue Slow Trend Higher
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    Tue, May 09, 2017
  • Mortgage Rates Hold Mostly Steady Despite...
    Mortgage rates were generally unchanged...
    Mon, May 08, 2017
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