President of Mortgage Lending
ABLE Mortgage
License:
NMLS 246763
CA DRE 01411989
MBS & US Treasury Markets
3/10 9:37:55PM EST : Delayed Data

MBS are back in line with the lows seen at the time of the last alert (actually, just a hair weaker). This is 9 ticks (.28) of weakness on the day and 7 ticks (.22) from intraday highs. Jumpier lenders could technically justify negative reprices, but it should be noted that most lenders are only seeing about an eighth of a point of weakness since AM rate sheets.

10yr yields are up 5.7bps at 4.153 and have erased most of yesterday's recover even though oil prices remain mostly in check.  

08:56 AM

Weaker overnight vs Monday's late-day rally levels.  Stronger vs 3pm close. 10yr at 4.124. MBS down 19bps from 5pm, but up a few bps vs 3pm.

09:54 AM

MBS down 5 ticks (.16) on the day and 10yr up 2.5bps at 4.12 

12:17 PM

MBS down 3 ticks (.09) and 10yr up 1.6bps at 4.112

03:22 PM

MBS down 7 ticks (.22) and 10yr up 4.6bps at 4.142

President of Mortgage Lending
ABLE Mortgage
License:
NMLS 246763
CA DRE 01411989