Mortgage Rates Today March 10, 2015

Mortgage Backed Securities gapped open this am!  This a bullish sign as stocks are having a terrible day on really no news at all, although this is still probably a carryover from last Friday’s jobs report which sent bonds and stocks in the wrong direction.  MBS are currently pushing right up against the 100 Day Moving Average which was a great floor, so if they can push through hopefully it will become that way again.