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Mortgages Rates moved higher today at the quickest pace of the week. For the second time this year, the 3.875% Best-Execution rate on 30yr Fixed Conventional loans is in question. If rates move much higher from here, the average Best-Execution rate across multiple lenders will have risen back to 4.0% and for quite a few lenders, is already there. (We explain more about Best-Execution calculations in THIS POST ). Today got started off on a sour note for rates with the late night news that Greece was very close to finalizing the terms of their most recent bailout. This isn't some surprising game-changer, but has done enough damage to bond markets, which tend to offer lower interest rates in times of economic uncertainty. As a successful bailout relieves some uncertainty, rates generally moved...()