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Loan Modification

: Mortgage Lender Implode-o-Meter

Mortgage Rates 11-18-10: 30 Year Fixed Interest Rates to 4.5%?

By Implode-Explode Heavy Industries

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"Since last week?s Fed announcement mortgage interest rates have continued to climb as mortgage-backed securities prices, which drive home mortgage rates in the opposite direction, continue to fall. MBS prices are down -11/32 today putting mortgage rates at risk to rise further immediately. At this pace 30 year fixed mortgage rates could reach 4.5% by week?s end."

Full post as published by Mortgage Lender Implode-o-Meter on November 18, 2010 (boomark / email).

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