Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

The Mortgage Interest Rate Lock Advisory for Brewster MA for January 19, 2010
The Mortgage Interest Rate Lock Advisory for Brewster MA for January 19, 2010
Here are some of the events affecting mortgage interest rates today in Brewster, MA.
What Mortgage Backed Securities Are Doing Today:
The price of the FNMA 30-Year 4.5% MBS coupon opened at 100.53 this morning - down 7/32 from Friday's close. At 10:15 am, the 4.5% MBS coupon was trading at 100.63 - up 3/32 from its opening. Remember, on mortgage backed securities (MBSs), as the price goes down, the yield goes up - and so do mortgage interest rates. I expect that mortgage interest rates will be 0.125% - 0.375% worse in price this morning as compared to Friday.
Price Trend in Mortgage Backed Securities:
The chart below shows the price trend of the FNMA 30-Year 4.5% coupon over the past 30 days from 12-19-2009 to 1-18-2010:

Economic Reports, News, and Events Affecting Mortgage Interest Rates Today
there are no economic reports scheduled for release today. In other news, a special election is being held today in Massachusetts to fill the seat long held by Senator Edward Kennedy. While Democrats outnumber Republicans by 3 to 1 in the state, Independents outnumber both. If Republican state senator ... more

__________________________________________________
Are you on The Rain? Grow Your Network!