| Nov 18, 2011 1:37PM President Barack Obama signed a bill Friday that reinstates the recently expired higher loan limits that were in effect for FHA and VA loans through December 31, 2013 but does not provide this extension to Freddie Mac and Fannie Mae. H.R. 2112 sponsored by Jack Kingston (R-GA) was approved by a House/Senate conference committee vote of 298 to 121 in the House and 70 to 30 in the Senate on Thursday and sent to the White House. Section 238 of the bill, The Agriculture Rural Development, Food and Drug... Nov 18, 2011 3:13PM After experiencing a rare 3rd day in a row of neutrality or positivity, Mortgage Rates pulled back up a bit today. In most cases, this won't affect the generally prevailing 4.0% Best-Execution rate and instead simply cause an increase to closing costs for whatever rate you were quoted yesterday. Despite the rise in rates, today still looks like a good locking opportunity in the context of recent rate offerings. Today's BEST-EXECUTION Rates 30YR FIXED - 4.0%, Some 4.125%, Very few 3.875%'s FHA/VA...
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