Mickey Carlton's weekly comment about the mortgage market, for the week of September 3, 2007:
Mortgage interest rates dropped slightly over the last several days. Jumbo rates, in particular, showed a reversal of their recent uptrend. Conforming (below $417,000) rates on thirty year fixed loans can be expected to range from 6.5% to 6.875% depending upon loan size and the individual borrower's creditworthiness.
