can mortgage rates go even lower
The best 30 year fixed mortgage rates remain in the 4.375% to 4.625% range. The best execution rate for a well-qualified borrower is still 4.50%, for both conventional and FHA/VA.No borrower should be quoted a rate over 5.25%.f that scenario played out, the best execution 30 year fixed mortgage rate could move as low as 3.875%. The one hang up I have with this outlook is the fact that we already experienced an environment like this and mortgage rates failed to move lower than current levels.