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Apr 14, 2017 Rates Push 2017 Lows For 3rd Straight Day

Alan Bermudez

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Mortgage rates set new 2017 lows for the third straight day today, although only in terms of “effective rates” (which take upfront costs into account).  “Note rates” (which simply refer to the rate applied to one’s loan balance) are unchanged from yesterday, with most lenders continuing to quote 4.0% for top tier conventional 30yr fixed scenarios.