Relevant:
2013-01-01 — mortgagenewsdaily.com
``Mortgage rates moved moderately higher to end the year, reversing last week's trend of small improvements. In Washington, Fiscal Cliff negotiations have seemingly come to a head with a deal still possible before midnight tonight. That possibility has bond markets more cautious today, and although mortgage-backed-securities have been less damaged than Treasuries in the process, it's been enough to raise borrowing costs on the prevailing Best-Execution rate of 3.375% for conventional 30yr fixed loans. Markets and Mortgage Lenders will be closed for New Years Day tomorrow.''
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.