Mortgage News Daily: "Lenders quoting 30yr fixed rates of 3.875% on top tier scenarios" - InvestingChannel

Mortgage News Daily: “Lenders quoting 30yr fixed rates of 3.875% on top tier scenarios”

Mortgage rates are nears the lows of the last two months …

From Matthew Graham at Mortgage News Daily: Mortgage Rates Back Away From Long Term Lows

Mortgage rates moved higher today, but remained near the lowest levels in more than 2 months. Friday’s drop was uncharacteristically sharp and put rates in a position to break 7 month lows had today gone the other direction. Most lenders are quoting conventional 30yr fixed rates of 3.875% on top tier scenarios. 4.0% is the next most prevalent quote with only a select few of the most aggressive lenders down at 3.75%. All of these assume top tier scenarios.
emphasis added

Here is a table from Mortgage News Daily:


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