Today’s Mortgage Rates : Real-Time MBS Pricing, March 28, 2012
Stock Weakness Lifts MBS
Weakness in the stock market has provided a boost to MBS this morning.
February Durable Orders rose 2.2% from January, which was below the consensus of 3.0%. The results from the 5-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.