Posted To: Mortgage Rate Watch Prices of mortgage backed securities hit a new all time high yesterday. To remind readers, as prices of mortgage backed securities move higher, lenders are able to offer lower mortgage rates. Unfortunately, despite the move higher in MBS prices, lenders have been reluctant to push mortgage rates much lower than 4.50% (base rate for well- qualified borrowers). ...

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... him? That would require the price to be right. What does Byrd expect to get? Let’s ask him: “If people offer me a contract at two years and the right numbers, I’ll sign,” Byrd said. “If people offer me three years at the right numbers, I’ll sign. “I’m not interested in a one-year deal. Do I want ...