Mortgage Rates Move Lower. Discussing FICO Scores

August 18, 2009 · Posted in Latest Interest Rates 

Mortgage rates are inching lower as prices of mortgage backed securities continue to move higher today. To remind readers, mortgage rates are set by the trading of mortgage backed securities. As MBS prices increase lenders are able to offer lower mortgage rates. Contributing to move lower in rates this morning is strength in bonds (like MBS) as stock markets sell off. This weakness began overnight in Asia and Europe and carried over into US trading. Already this morning, investor demand for safer securities is helping MBS post healthy gains.
…(read more)
Click Here to Get Great Rates And A Speedy Approval From Lending Tree Without Any Hassels.
Go to Source

Share and Enjoy:
  • Print this article!
  • Digg
  • Sphinn
  • del.icio.us
  • Facebook
  • Mixx
  • Google Bookmarks

Related posts:

  1. Mortgage Rates Move Lower. Favor Locking over Floating After maki
  2. Mortgage Rates Move Lower as Market Mulls Health of Consumer Following
  3. Mortgage Rates Lower After Treasury Auctions Click Here
  4. Mortgage Rates Move Lower. Most Aggressive Lender Pricing Seen in Weeks Mortgage r
  5. Mortgage Rates Remain Victim of Volatility. More on Appraisal Issues… Click Here

Related posts brought to you by Yet Another Related Posts Plugin.

Tags: no tags

Comments

Leave a Reply




SEO Powered by Platinum SEO from Techblissonline