Mortgage rates on 30 year fixed conforming loan amounts found their way back into the high 3's at the end of business on November 25, 2014. "That's the first time we've seen the most common top-tier rate quote in the 3's since October 21, and one of only a handful of times since May 2013" according to Chief Operating Officer Matthew Graham of the Mortgage News Daily.
Keep in mind there are several factors which will influence your individual mortgage rate, including credit, loan to value, program, down payment/equity, and type of mortgage you select.
If you are interested in a mortgage check up, please do not hesitate to contact me. Five minutes of your time could be worth thousands in saved interest.
This is not an offer to lend. Rate information is a poll from Mortgage News Daily regarding real time best execution rates on the market, generally with no points.
Until Next Time,
Craig Turley
