Mortgage rates improved moderately to begin the week, bringing most lenders back to levels not seen since January 2nd or before.  Following the Fiscal Cliff “mini-deal,” FOMC Minutes, and Employment Report two weeks ago, rates rose at to their highest levels since before the Fed announced it’s most recent buying program for MBS (the “mortgage-backed securities” that most directly influence rates) in mid September.  The Best-Execution rate for Conventional 30yr Fixed

Read more »