This is a DEMO marketing message. You can use them for promotional text. Mortgage rates are moving back down so feel free to give me a call or visit my website and I'll give you a quote.
If you haven't seen a negative reprice yet, you probably will.
MBS are now down nearly 3/8ths of a point on the day and more than a quarter point from most lenders' rate sheet print times. Many have already repriced. Those who haven't are increasingly likely to do so.
No new news... just the same steady selling.
10yr yields are sort of holding the line at the highs, up 2.6bps at 4.253. MBS are underperforming.
Sideways to slightly stronger and a modestly positive reaction to the 8:30am data. MBS up an eighths and 10yr down 1.34bps at 4.252
A message from Matthew M. Loan:
This is a DEMO marketing message. You can use them for promotional text. Mortgage rates are moving back down so feel free to give me a call or visit my website and I'll give you a quote.
If you haven't seen a negative reprice yet, you probably will.
MBS are now down nearly 3/8ths of a point on the day and more than a quarter point from most lenders' rate sheet print times. Many have already repriced. Those who haven't are increasingly likely to do so.
No new news... just the same steady selling.
10yr yields are sort of holding the line at the highs, up 2.6bps at 4.253. MBS are underperforming.