Mortgage Rate Forecast for Bourne MA for April 13, 2010
By Lew Corcoran, Expert guidance. Exceptional results.
(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,...
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