Mar 28, 2012 2:43PM Mortgages Rates broke a sideways streak to move lower yesterday, but are right back to their 'sideways ways' today! This keeps the Conventional 30yr Fixed Best-Execution Rate at 4.0%, although 3.875% quotes are viable, even if they don't necessarily constitute the most efficient combination of closing costs and payment for most scenarios. This raises an interesting point regarding "efficiency." What is the "most efficient combination" of closing costs and payment? Ultimately that will depend on several... Mar 28, 2012 4:19PM The most recent uptick in 10yr yields, despite occurring in "almost not enough to care" volume, broke the previously supportive ceiling for the afternoon, shifting the tone of the afternoon from "ground-holding" to something slightly less optimistic.
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