december 2010 mortgage rates report: San Diego Mortgage Rates Report: December 2010 - 12/06/10 04:10 PM
If you've been following the November mortgage rates rollercoaster, you have to wonder how conventional mortgage rates almost dropped below 4%, then almost topped 4.5%, and are hovering in the middle of that range today.  What will December bring in the mortgage rates market?
Let's look at what happened:
1- Warning signs about the second round of Federal Reserve Quantitative Easing (QE2), flashed at the beginning of November.  Still, the mortgage bond traders like what they saw in initial rollout of the program:
The best conforming 30 year fixed mortgage rates have moved back down to a range between 3.875% and … (8 comments)