Archive for mortgage rates

Mortgage Rates Rise an 1/8 Across the Board

Mar 25
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Conventional 30-yr fixed mortgages are available at 4.875% today to well-qualified consumers paying a standard .07 to 1 point origination, up 1/8 from yesterday, says rate research website… Read more

Categories : mortgage market

Mortgage-backed securities prices, which drive mortgage rates in the opposite direction, haven’t moved much at all this week. Late last week MBS prices rose leading to a slight improvement (-0.125)… Read more

I’ve heard fifty to sixty basis points. I’ve heard one and a half percent. I’ve heard not at all.I’ve heard lots of economists, reporters, TV analysts, and mortgage industry professionals take a… Read more

Prices of mortgage-backed securities declined for the second day in a row today. Mortgage rates, which move opposite mortgage-backed securities prices, were unchanged. Pricing though, which effects… Read more