Today’s Mortgage Rates : Real-Time MBS Pricing, January 29, 2013
The November S&P/ Case-Shiller 20-city home price index rose 0.6% from October and was 5.5% higher than the same period one year ago, reflecting the strength in the housing market.
Consumer Confidence declined to 58.6, far below the consensus of 65.0, and the lowest level since November 2011. The results from the 5-yr Treasury auction will come out around 1:00 et.
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.