Parker Report
Mortgage Rates Improve
Posted on February 17, 2012 by ryanparkerteam
Mortgages Rates are somewhat improved today after holding relatively steady to begin the week. In the underlying markets MBS (the “mortgage-backed-securities” that most directly influence mortgage rates) rose to their best levels since last Thursday after today’s Retail Sales figures showed slower than expected consumer spending. When MBS prices rise, interest rates fall (although it [...]
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