Mortgage and Lending News

Mortgage Backed Securities MBS Live - WHY DO RATES GO UP AND DOWN?

 Ever wonder why interest rates on mortgages rise and fall?  They can move multiple times in one day.  WHAT CAUSES THAT? – One of the instruments a great broker uses to anticipate the mortgage shifting is to watch the Mortgage back Securities markets.  Take a look at the MBS chart, its rather interesting that the rates are opposite the MBS tracker.  When the MBS go up rates go down and vice versa. While one doesn’t control the other, skilled brokers use this tool to get borrowers like you the best rates at the perfect time!  Banks have no ...

December 6th, 2012 Mortgage Backed Securities MBS Live - WHY DO RATES GO UP AND DOWN?

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Randy Brown (NMLS# 179424)
Nicki Klama (NMLS# 1600896)
Christi Cronk (NMLS# 1403476)
Dave Crater (NMLS#1450363)


Versatile Mortgage LLC (NMLS# 179163)
Phone: 231-946-2202 | Fax: 231-946-5988
810 S Garfield Ave Ste A ,
Traverse City, Michigan 49686