Oct 13, 2011 4:45PM Domestic economic data and the exuberance over the European debt situation were both fairly lackluster today, and Mortgage Rates improved decisively for the first time October. The 30yr Fixed Best-Execution rate fell an eighth of a point at most lenders, though the volatility continues to lead to a wider-than-normal variety among lenders. Despite the improvement, if you're seeing local or national news talking about rates in the "high 3's, " that info is already out-dated as Best-Execution rates... Oct 13, 2011 10:54AM What are political ads like in Texas ? As was noted in yesterday's commentary, one of the questions that folks in the mortgage conference hallways were asking was, "With BofA leaving correspondent, is someone like Chase going to be next?" There is a big difference between hallway chatter and headlines of " MetLife May Sell Mortgage Business " in Bloomberg! "Chief Executive Officer Steven Kandarian, who took the job in May, is planning to exit a business that expanded in June when it replaced Bank...
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