Mortgage rates continue making improvements so small and so steady that they're barely noticeable, but they're improvements just the same. That's recently left us in the best territory in nearly a month. Today extends those slow and steady gains just enough to technically claim the "1-month low" designation, despite the fact that rates aren't materially different than they have been. The most prevalently-quoted conforming 30yr fixed rate remains 4.0% for top tier borrowers, but each day of modest improvement brings us closer to 3.875% and puts 4.125% farther in the rearviewHere is a table from Mortgage News Daily:
Monday, November 24, 2014
Mortgage News Daily: Mortgage Rates below 4%, Lowest in 1-Month
From Matthew Graham at Mortgage News Daily: Mortgage Rates Now at 1-Month Lows
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.