| Nov 5, 2012 2:03PM While some of the improvement came in the form of late day reprices on Friday, mortgage rates are appreciably lower to begin the week. Movement varied this morning with some lenders holding fairly steady while others improved at much quicker paces. Regardless of the stratification, the net effect is a Conventional 30yr Fixed Best-Execution rate that is firmly at 3.375%. The closing costs associated with 3.375% are the lowest they've been since mid October for most lenders. ( Read More:What is A Best... Nov 5, 2012 12:06PM Here's something that may sway a few undecided voters. (Is anyone undecided at this point?) The U.S. debt ceiling is expected to be reached before 2013, the Treasury Department said, but default won't happen until early next year (if at all) because of extraordinary measures. The debt ceiling is $16.4 trillion - with a "T". Next Monday is observed by many companies as Veterans Day . It originated as "Armistice Day" on Nov. 11, 1919, the first anniversary of the end of World War I. Congress passed...
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