Today’s Mortgage Rates : Real-Time MBS Pricing, April 25, 2012
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Waiting for the Fed
Despite weaker than expected Durable Orders data, MBS are close to yesterday's closing levels. Demand was stronger than average for the 5-yr auction, ahead of the 11:30 et release of the Fed statement.
Investors will be looking for signs of support for additional easing or for tightening sooner than expected, as well as the latest Fed forecasts for the economy.
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.
