Mortgage Rates Near 3-Week Lows

Mortgage rates fell at a healthy pace today, bringing them to the lowest levels since September 9th. Gains in bond markets help rates move lower and bond markets were stronger right from the outset today on a combination of factors. Determining the most prevalently-quoted conforming 30yr fixed rate for top tier borrowers is more of a toss up at current levels with 4.25% and 4.125% sharing roughly equal territory.

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