Today’s Mortgage Rates : Real-Time MBS Pricing, April 11, 2012
Europe Concerns Ease
MBS gained on Monday and Tuesday due to increased concerns about Europe. Today, an ECB official suggested that the ECB may start purchasing the bonds of weaker nations again, which eased those concerns and caused MBS to decline.
The results from the 10-yr Treasury auction will come out around 1:00 et. The Fed's Beige Book will be released at 2:00 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.