This is an example of the suite of marketing tools included in a subscription to MBS Live! This is an example of how your can co-brand business partners. Try these tools with a free trial.
MBS are only down 2 ticks (.06) on the day, but that's a quarter point lower than prices from 9:30am ET (the earliest approximate window for lender rate sheet considerations).
Note, some lenders are not out with rates yet. They will likely come out weak enough to reflect this selling pressure. The earliest lenders (those who priced by 10am, could already be considering negative reprices.
Rationale for the selling goes back to the thoughts expressed in the morning commentary.
MBS down 2 ticks (.06) on the day and a quarter point from highs. 10yr up 2.4bps at 5.269
A message from John "Demo" Lender:
This is an example of the suite of marketing tools included in a subscription to MBS Live! This is an example of how your can co-brand business partners. Try these tools with a free trial.
MBS are only down 2 ticks (.06) on the day, but that's a quarter point lower than prices from 9:30am ET (the earliest approximate window for lender rate sheet considerations).
Note, some lenders are not out with rates yet. They will likely come out weak enough to reflect this selling pressure. The earliest lenders (those who priced by 10am, could already be considering negative reprices.
Rationale for the selling goes back to the thoughts expressed in the morning commentary.