Rates have now been holding near 2014 lows for 5 straight days. Despite volatility in markets during the day, the end-of-day rate levels haven’t moved too much during this time. The most prevalently quoted conforming 30yr fixed rate for best-case scenarios (best-execution) remains 4.125%, with slightly fewer instances of lenders being better-priced at 4.25%. Most borrowers will experience today’s move in the form of lower closing costs for the same rates quoted yesterday. In terms of effective rates, that change in closing cost equates to a drop of 0.02%.