Skip to main content

Mortgage Rates 11/10/14 Update

Mortgage rates have been pretty steady for a couple of weeks, since we had the one day dip.  Mortgage Backed Security, MBS, Pricing has seen pricing erode a little, almost, every day, except for last Friday when we say some price appreciation from the jobs report.  When MBS appreciate in price rates get better, they are a bond and follow the inverse trading relationship.  The markets are closed tomorrow, we have several treasury auctions and this Friday brings Retail Sales and Consumer sentiment numbers, these all could impact rates.  You can see from the graph that MBS are trading just above support.  With rates still being close to year lows it is not a bad idea to lock into these.Mortgage Rates 11-10-14 Update

Open the door to more.

Get Started Today

Whether you’re purchasing your first home or taking cash out to make your dream home even dreamier, the door is open. Welcome to Better Rate Mortgage.

Apply Now
Couple laughing and holding keys to new home