2010-11-18freerateupdate.com

"Since last week’s Fed announcement mortgage interest rates have continued to climb as mortgage-backed securities prices, which drive home mortgage rates in the opposite direction, continue to fall. MBS prices are down -11/32 today putting mortgage rates at risk to rise further immediately. At this pace 30 year fixed mortgage rates could reach 4.5% by week’s end."


Lijit Search

Comments: Be the first to add a comment

add a comment | go to forum thread

FreeRateUpdate.com Mortgage Rates



Mortgages Blog DirectoryFinance blogs

Mortgage Lender Implodes and News Finance Blogs - Blog Catalog Blog Directory