Daily Mortgage Interest Rate Observer 06/12/09
We're retesting yesterdays strength. At this point in the day I see no changes from yesterdays rates. We've settled comfortably in the honest High 5's to 6% range for 30 year prime conventional fixed's. Don't forget to get a lock confirmation from your loan officer. Seems a lot of loan officers were playing the market which resulted in many borrowers not getting the rate they were "promised".
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