Today’s Mortgage Rates : Real-Time MBS Pricing, April 4, 2012
MBS Partly Recover
Concerns about Europe have hurt stocks and helped MBS recover some of yesterday's losses which resulted from the Fed Minutes. The European Central Bank (ECB) made no change in rates.
The ISM Services index fell to 56.0, a little below the consensus of 57.0.
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.