Mortgage Rates: Stuck in Familiar Territory
Posted on April 24th, 2011
Today’s much anticipated high risk event, the FOMC Statement and subsequent press conference, leaves fence-sitters unscathed as no changes in home loan borrowing costs were seen before or after headline news was released. Best Execution 30-year fixed mortgage rates are the same as they were yesterday. Those who locked ahead of the event didn’t “miss out” on additional gains. Those who’ve been more inclined to float received no reward for doing so…
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