How Did the Employment Report Impact Mortgage Rates?

``The "Best Execution" conventional 30-year fixed mortgage rate is 4.625%. While this has been the case all week, few lenders were readily quoting it. More lenders were instead offering 4.75% (extra margin in rate sheets). But with today's loan pricing improvements, a greater number of lenders are quoting 4.625%. On FHA/VA 30 year fixed "Best Execution" is 4.375%. 15 year fixed conventional loans are best priced at 3.875%. Five year ARMs are still best priced at 3.25% but the ARM market is more stratified and there is more variation in what will be "Best-Execution" depending on your individual scenario. ''