Tuesday, June 24, 2008

The 72.73 Percent Probability For Morning Mortgage Rate Quotes

The pace at which mortgage rates change each day is quickening. This pie chart puts it in pictures. In the last 2 months, mortgage rates changed mid-day nearly 75 percent of the time. This means that an offered rate at 9:00 A.M. is likely expired by 4:00 P.M. (and has probably even spoiled by High...

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[Source: The Mortgage Reports Blog]

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