| Aug 27, 2012 11:10AM Well, this is the week that many Secondary Marketing folks have been dreading. It is the last week of the month after a sell-off, and there are plenty of LO's who are sweating those refi's closing on time. Extension policies will be sent out, or pointed to on websites, and bickered over. Not only that, but the upcoming weekend is a 3-day weekend. Look for operations to be partially staffed as folks take some summer vacation time or head off at the end of the week. Here is a job a little off the beaten... Aug 27, 2012 2:51PM Mortgage rates moved gently higher today in most cases, though some lenders were unchanged and in rare cases, slightly improved. There was little by way of relevant data or events to motivate market movement as the August "vacation weeks" gets underway. The little movement that was seen was not enough to make any sort of dent in the 3.5% Best-Execution rate that recently returned for 30yr Fixed Conventional loans. (Read More: What is A Best-Execution Mortgage Rate? ) It's tempting to get comfortable...
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