Mortgage rates have moved sharply higher in the last 3 or 4 trading sessions, in some cases one half of a percent!!!!
Ouch!!!!!!!!!!!!!!!!!!!!!!!!
http://www.bloomberg.com/news/2010-11-1 ... -high.html
Armegeddon in the MBS market
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blueballs
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Armegeddon in the MBS market
Blueballs: The ultimate 'bad case of the wants.'
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danefan
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Re: Armegeddon in the MBS market
Locked in my rate this morning because of this volatility on a purchase mortgage I in process on for a new investment property.blueballs wrote:Mortgage rates have moved sharply higher in the last 3 or 4 trading sessions, in some cases one half of a percent!!!!
Ouch!!!!!!!!!!!!!!!!!!!!!!!!
http://www.bloomberg.com/news/2010-11-1 ... -high.html
30 year fixed - 5%, no points, no origination fees.......$500 to lock it which gets credited back at closing.
