Mortgage Rates February 17, 2009
Today was a surprise day for Mortgage Backed Securities; many prognosticators thought for sure we would see MBS plummet and start pushing Mortgage Rates towards 6% , with the signing of Obama’s Economic Stimulus. The MBS (FNMA 30 YR 4.5%) acted in contrarian nature and posted a whopping 50pb...Mortgage Rate Week End Wrap February 13, 2009
Posted by yourmortgageplanner on Feb 13, 2009 in Featured Articles, Financial Awareness, Mortgage Rates, Random/Old BlOgS, Say What? | 0 comments
The week started out in a positive manner with rates improving both Monday and Tuesday, only to stall out on Wednesday and give back the majority of the gains Thursday and Friday. Mortgage Backed Securities ended the week with only a slight 3bp gain over last week. Friday we saw MBS give up -28bp (FNMA 30...
Mortgage Rates February 10, 2009 – Economic History Day
Posted by yourmortgageplanner on Feb 10, 2009 in Featured Articles, FHA, Financial Awareness, Mortgage Rates, Say What? | 0 comments
February 10, 2009 was another positive day for Mortgage Rates. Treasuries and MBS welcomed Geithner’s plan for Financial Stability. Mortgage Backed Securities (FNMA 30 YR 4.5%) posted a 16pb gain. This positive move helped silently bring down Mortgage Rates for consumers. The details of...
Mortgage Rates February 09, 2009
Mortgage Rate Week Wrap February 6, 2009 – Got Job?
