Mortgage Rates Today : Real-Time MBS Pricing, February 7, 2013
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Jobless Claims Rise
MBS moved higher this morning following today's data. Weekly Jobless Claims rose slightly to 366K, above the consensus of 360K. Fourth quarter Productivity declined to -2.0%, lower than the consensus of -1.5%.
As expected, the ECB made no change in rates.
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. Daily mortgage rates are based on real-time mortgage market pricing.
