Mortgage Rate Forecast for Bourne MA for April 13, 2010
By Lew Corcoran, Real Estate Agent, Home Stager, & Photographer
(Better Living Real Estate, LLC)
Mortgage Rate Forecast for Bourne MA for April 13, 2010 Here are some of the events affecting mortgage rates today in Bourne, MA: What Mortgage Backed Securities Are Doing Today: The price of the FNMA 30-Year 4.5% MBS coupon opened at 100.28 this morning - the same as yesterday's close. At 9:30 AM, the 4.5% MBS coupon was trading at 100.41 - up 4/32 from its opening. Price Trend in Mortgage Backed Securities: The chart below shows the price trend of the FNMA 30-Year 4.5% coupon over the past 30 days from 3-14-2010 to 4-13-2010: Remember, on mortgage backed securities (MBSs), as the price goes up, the yield comes down - and so do mortgage rates. I expect that mortgage rates will be up to 0.250 points better in price this morning as compared to yesterday afternoon. Economic Reports, News,...
Comments
1