
LOS ANGELES, CA — Feb. 16 (FreeRateUpdate.com) - Mortgage-backed securities prices, which move mortgage rates in the opposite direction, are down just a tad this morning -2/32 (FNMA 30-yr 4.5 at 100.28). This small decline is not enough to move mortgage rates and with no more major economic data to be released today it’s highly unlikely mortgage rates change. The Dow is up over 100 points, so it is possible we see changes for the worse in pricing, which effects closing costs on mortgages,… Read more








On April, 05 2010, MI will be boosted to 2.25 and minimum credit scores will be raised. Read about this and other
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