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Posted December 31, 2012
in Real-Time Mortgage Rates

Today’s Mortgage Rates : Real-Time MBS Pricing, December 31, 2012

mbs1231

Fiscal Cliff Talks 

 

 

 

The fiscal cliff talks are driving MBS markets today, and high volatility may continue during today's short session. If a deal is reached after today's close of US financial markets, then Wednesday's opening levels could be very different than today's closing levels.

No economic data will be released today.

This chart shows the change in mortgage-backed securities (MBS) prices from today's market open at 8:00 AM ET and tracks how MBS prices have changed until the time of this post. The vertical-axis reflects the change in MBS pricing as measured in 32nds. Each 32nd is equal to 3.125 basis points.

Falling MBS prices result in higher mortgage rates. Rising MBS prices result in lower mortgage rates. MBS pricing provided by MBSQuoteline.

Click here for a live rate quote.

The information contained on The Mortgage Reports website is for informational purposes only and is not an advertisement for products offered by Full Beaker. The views and opinions expressed herein are those of the author and do not reflect the policy or position of Full Beaker, its officers, parent, or affiliates.

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