Mortgage rates began the day much improved compared to Monday's latest offerings, but the gains mostly evaporated by the end of the session. The mortgage-backed-securities (MBS) that most directly affect rates, had been steadily improving since sustaining major damage from Friday through Monday morning. Those improvements carried through to this morning's rate sheet print times, but trading levels began to deteriorate shortly thereafter. Stock prices and Treasury yields rose. MBS fell (falling prices...
View: Front Page | Headline Viewer
Santelli's Midday Bond Report
Fed Survey: When Will QE End?
`More Order' Back in U.S. Housing, Karl Case Says
»View More Video News
© 2013 Brown House Media, Inc. All rights reserved.Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031
This information is not an advertisement to extend consumer credit
as defined by Section 226.2 of Regulation Z. This is not an offer to
enter into an agreement regarding interest rates. The rates quoted do
not include discount points, origination points, or loan level risk
based price adjustments. Rates and terms are subject to change without