Mortgage Interest Rate Market Guide

Flat to Upward Pressure

After opening to the upside, mortgages are now trading flat thanks to inflationary concerns in PPI data (if you need an explanation).  The FN 4.0 is  +0-01 at 97-21 yielding 4.224% and the FN 4.5 is +0-00 at 100-21 yielding 4.43%. The secondary market current coupon is 4.41%.


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