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
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 rearview
Here is a table from Mortgage News Daily:


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