Mortgage Rates Show little Change

Mortgage Rates Show little Change

November 19th, 2015

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Loan Originator Perspective

"The FOMC released the minutes from their recent meeting today, with no surprises or impact on MBS. Our pricing was essentially unchanged from Tuesday, very slight improvement but not a meaningful one. We do seem to be establishing the new range for treasuries, with yields hovering between 2.25% and 2.3%. I don't see a big move looming either way at the moment, barring apocalyptic ISIS drama. I'm locking most deals within 30 days of closing, will discuss borrowers' risk tolerance for those further out." -Ted Rood, Senior Loan Originator




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