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Posted February 25, 2013
in Real-Time Mortgage Rates

Mortgage Rates Today : Real-Time MBS Pricing, February 25, 2013

mbs0225

Waiting for Italian Election Results

 

 mbs0225

 

The big story today is the election in Italy. Polls show it's close between the pro-reform candidate and one who opposes it. It likely will be difficult for either candidate to form a strong enough coalition to implement his platform, creating uncertainty.

The results from the 2-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.

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 and are where mortgage rates come from.

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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