Mortgage Rates In Motion : Weekly MBS Prices At 5-Minute Intervals
MBS Fall Further
An early rally in MBS markets did not last long this morning. Investors continue to react to Wednesday's Fed announcement.
No economic data will be released today.
This chart shows mortgage-backed securities (MBS) prices from Monday's market open until the time of this post. The vertical-axis reflects MBS prices as measured in basis points. Mortgage-backed bonds are the basis for mortgage rates.
Falling MBS prices result in higher mortgage rates. Rising MBS prices result in lower mortgage rates. MBS pricing provided by MBSQuoteline.