Posted July 2, 2013Tweet
It has been a quiet morning,with MBS dipping a little. Factory Orders came in close to expectations.
The big news this week will be the European Central Bank (ECB) meeting on Thursday (July Fourth) and Friday's Employment report.
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 lead mortgage rates lower. MBS pricing provided by MBSQuoteline. Today's mortgage rates are based on real-time mortgage market pricing.
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2014 Conforming & FHA Loan Limits
Mortgage loan limits for every U.S. county,
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