Mortgage Rates Appallingly Unchanged Relative to Market Movement

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  • Mortgage Rates Appallingly Unchanged Relative to Market Movement
    Mortgage Rates Appallingly Unchanged Relative to Market Movement

    Mortgage rates were roughly unchanged today. That’s an appalling reality considering the movement in underlying bond markets. Bonds–specifically, mortgage-backed securities (MBS)–are the primary input used by mortgage lenders in determining rates. As bonds improve, mortgage rates tend to improve as well. There can certainly be some input lag (i.e. […]

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