Mortgage Rates Steady to Slightly Higher
Mortgages Rates are unchanged in some cases and slightly higher in others. Overall, the difference between today's offerings and yesterday's is fairly minimal and is more likely to be seen in the form of slightly higher closing costs (or lower lender credit) as opposed to the interest rates themselves. Yesterday we noted that more an more lenders are able to offer 3.875% as a "Best Execution" rate for Conventional 30yr Fixed Loans. Best-Ex is currently shared by 3.875% and 4.0%.