Posted July 2, 2013

Mortgage Rates Today : Real-Time MBS Pricing, July 2, 2013

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Factory Orders Rose 

 

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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.

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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