Senior Loan Officer
Mortgage Company, LLC.
MBS & US Treasury Markets
10/1 9:55:58AM EST : Delayed Data
09:04 AM
Another round of 8:20am selling erases small overnight gains. 10yr up 1.6bps at 5.303 and MBS up 3 ticks (.09).
Senior Loan Officer
Mortgage Company, LLC.
Bonds continue selling. 10yr up 4.4bps at 5.29.
MBS down a quarter point on the day and roughly 3/8ths of a point from AM rate sheet times (for earlier lenders).
Most lenders are in reprice risk territory now (more than a few have already pulled the trigger).