Mortgage Market Update - February 4, 2009

After the sell-off in Mortgage Backed Securities (MBS) yesterday, and after the release of the ISM data this morning which showed an improvement in services, construction and financial industries, mortgage pricing and yields have stabilized pretty much for the day.

I do not expect any changes in mortgage rates later this afternoon.

 

Lew Corcoran
Licensed Real Estate Professional

Best Choice Real Estate Services
133 Turnpike St, South Easton, MA 02375
Phone Toll-Free: (800) 984-3341

Serving Easton, MA and Surrounding Area

 

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0 commentsLew Corcoran • February 04 2009 05:18PM

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