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Loan Modification

: Mortgage Lender Implode-o-Meter

Today?s Mortgage Rates 5-14-10: WOW, 30-Year Fixed to 4.625, FHA to 4.5

By Implode-Explode Heavy Industries

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Fannie and Freddie must be buying up a lot of toxic waste today: ``Mortgage rates today are down from yesterday?s levels thanks to a price improvement in mortgage-backed securities. MBS prices, which drive mortgage rates in the opposite direction, are up +13/32.''

Full post as published by Mortgage Lender Implode-o-Meter on May 14, 2010 (boomark / email).

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