Maine Mortgage Rate Update 10.19.2010

~ Seth Jacobs

MBS prices are better by 5/32 from pricing Tuesday. Stocks struggle with gains in the market floating makes sense. Rates have been volatile for several weeks because the economic data released is better than expected indicating the US economy is recovering. A stronger economy will bring higher rates to fend off inflation.

Published by Seth Jacobs

Mortgage Broker, Disc Golfer and First Person Shooter Fan living in Vacationland.

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