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.
MBS are at new lows for the day, down roughly 0.05 from the previous low. This is enough of drop that we could see the first few jumpy lenders pull the trigger on a reprice. Risks are much lower for lenders who priced at 10am ET or later.
Giving up overnight gains before data and no change since. MBS unchanged and 10yr down half a bp at 4.279 (up from lows of 4.265).
10:04 AM
10yr yields moved up 1bp back to unchanged levels of 4.281 and MBS are now down 1 tick (.03)
01:16 PM
MBS down an eighth. Lows of the day. 10yr up 3.1bps at 4.315. Highs of the day.
03:43 PM
Flat afternoon. MBS down 3 ticks (.09) and 10yr up 2.4bps at 4.308
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.
MBS are at new lows for the day, down roughly 0.05 from the previous low. This is enough of drop that we could see the first few jumpy lenders pull the trigger on a reprice. Risks are much lower for lenders who priced at 10am ET or later.