This is a chart of what happened yesterday when the FED announced they are not going to TAPER.  What does this mean?  They will continue to buy Mortgage Backed Securities (MBS) in an effort to keep Mortgage Rates at or near a Historic Low.  This chart is the PRICE of the MBS.  When the price goes "UP" rates come "DOWN" and the opposite is true.  So as you see by the chart, we had a very impressive run up in "price" bringing "rates" down.   For those not familiar with the trend.  This is a BIG move.  So today should be a very good day if you haven't taken the opportunity to take advantage of this opportunity the FED has given you.