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What Happened to Rates Yesterday?

Mortgage Rates got CRUSHED yesterday

Mortgages Rates got crushed today, relatively speaking.  

It's ironic that we noted yesterday's rates as getting close to 3/13's levels because today's rates are turning out to be closer to 3/14's significantly worse levels.  While the recently prevailing Conventional 30yr Fixed Best Execution Rate of 4.0% remains intact, costs to obtain that rate will be immensely higher today vs yesterday. 

More than a few lenders will have issues hitting that 4.0% mark with a "no closing cost" loan. 

Where is your rate?

Are you upside down? New laws allow for a refinance.

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