Posts Tagged ‘ mortgate rate ’

National Mortgage Rates Report: March 6, 2008

Mortgage rates skyrocketed this week and are .5% higher than Monday. Two things have driven mortgage rates higher:

1- The threat of inflation is omnipresent in every economic report.

2- Two mortgage companies defaulted on their lines of credit.

Remember when I talked about how important it is to use a mortgage planner who subscribes to real-time MBS pricing?

Why am I so adamant about the fact that the ten-year treasury note is not the determining factor of mortgage rates? Continue reading this post


Posted by: Brian Brady on March 6th, 2008 under Financing, Mortgage and Home Loans

1 Comment »

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