Mortgage rates regained their footing today, moving back to long-term lows after pausing to move slightly higher yesterday. The definition of “long-term” depends on the lender in question. Most lenders were offering just slightly better terms in September 2019, but only for a few days. For several other lenders, you’d have to go back to September 2016 to see anything lower. Either way, we’re talking about the best rates in a long time and a range that’s better defined as “mid 3’s” than the previously applicable “sub 4%.”
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Source: mortgagenewsdaily.comNew feed