Mortgage Rates February 25, 2009
Posted by yourmortgageplanner in Mortgage Rates on 02 25th, 2009 | 3 responses
I am back from my Kenneth Zahn CFP® Test prep. My normal Mortgage Rate updates will recommence. Today Mortgage rates increased by over .25% given the -47bp decline in the FNMA 30 YR 4.5% MBS. The decline could be contributed to the Treasury Auction and profit takers.
Today’s Existing Home sells didn’t produce a positive sign for the housing market. January sells were down 5.3%. The next possible market moving event comes Friday when the Chicago PMI number is released.
[where: 85029] [where: 98109] [where: 85012]
![Reblog this post [with Zemanta]](http://img.zemanta.com/reblog_e.png?x-id=d323ec8d-29d9-47f0-b7fa-90ca81b60c1f)
No related posts.
3 Comments »
RSS feed for comments on this post. TrackBack URL
Leave a comment
February 25th, 2009 at 11:21 pm
[...] Mortgage Rates February 25, 2009 | Your Mortgage Planner 2.0 Blog [...]
February 26th, 2009 at 8:31 am
Was wondeing what happened! Moving forward and with apps down, do you think we will see a “rebound” and rates creeping down again?
February 26th, 2009 at 4:31 pm
[...] [...]