There are two kinds of "repricing" to consider when you're a mortgage market professional: the intraday change in rates among lenders when market move enough and the broader bond market shifting gears in response to some relatively rapid realization. Today's trading session spoke more to the latter, adding emphasis to a repricing that's been underway for the entire month of April. If there's one culprit, it's economic data. The jobs report and CPI are the two obvious all stars, but today's Retail Sales report made a strong case to be on the starting line up.