Senior Vice President Director Residential Lending
Penn Community Bank
MBS & US Treasury Markets
8/24 10:00:08AM EST : Delayed Data

Prices haven't changed much from the time of the first alert, but MBS have spent more time pushing the lows of the day. Treasuries are also suggesting a bit of extra weakness. 

5.5 UMBS are now down 5 ticks (.16) on the day and versus many lenders' morning rate sheet print times. This makes negative reprices slightly more possible than they were a few hours ago. 

08:59 AM

Modestly stronger overnight. MBS up 2 ticks (.06) and 10yr down 1.9bps at 4.713

Senior Vice President Director Residential Lending
Penn Community Bank