RSS

Monthly Archives: June 2011

Where do mortgage rates come from?

Click here for video presentation!

Mortgage rates fluctuate daily – sometimes even multiple times a day. Have you ever wondered where those rates come from?

 

The answer lies on Wall Street – specifically the trading of Mortgage Backed Securities (MBS). MBS trading can result in a dramatically higher or lower payment when you are ready to lock in your rate. Unfortunately, the indicators needed to see these real-time MBS trading feeds, are not readily available to the public.  The big question is – are they keeping track of rates in real-time and making you aware of sudden changes in the market? Read the rest of this entry »

Advertisements
 
Leave a comment

Posted by on June 15, 2011 in Mortgage Blog, Uncategorized

 

Tags: , , , , ,

 
%d bloggers like this: