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Vice Capital Markets releases daily mortgage rate benchmark

Vice Capital Markets has publicly released its Vice Capital Par Note Rate, a proprietary daily mortgage rate benchmark built from agency mortgage-backed security (MBS) prices that’s designed to give lenders and analysts a secondary market view of mortgage pricing.

The benchmark, available through an online tracker, provides daily data, long-term trend analysis and custom charting with history back to 2008, the company said in its announcement on Thursday.

Calculated each business day using Fannie Mae and Freddie Mac MBS prices across the coupon stack, plus standard base guaranty fees and servicing, the Vice Capital Par Note Rate reflects the details ⇒

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