Mortgage Rates Rise Ahead of Three Day Weekend.

Ongoing moderation of the Euro-Zone-driven “flight to safety” as well as a weak US Treasury auction today combined to drag most domestic interest rates a bit higher, including Mortgage Rates. 

Many lenders’ Best-Execution levels are an eighth of a point higher in rate today, moving from 4.0 to 4.125% although both quotes still exist.  Other lenders’ movements were limited to changes in closing costs, but either way, things are more expensive today