VIZ,
That is strange, because there was no huge move between yesterday and today. (Rates were cheaper earlier in the week though)
Today’s best rate that I had was 5.50% with .375% cost.
“no cost” loans were about 6.125% today. It wouldn’t add a dime to your loan balance, and is still cheaper than 6.50% with no cost other than $350 for an appraisal.
30 YR Rates will probably be up Monday, and after that is anyone’s guess, even with a Fed rate cut on Tues.
It’s all about qualifying today. Rates are lowest they have been in a few years.
