President of Mortgage Lending
ABLE Mortgage
License:
NMLS 246763
CA DRE 01411989
MBS & US Treasury Markets
7/17 5:59:00PM EST : Delayed Data

5.0 MBS are now just over and eighth of a point and 5.5 MBS are down exactly an eighth of a point from the AM price plateau. Many lenders released rates during that plateau and are now approaching the threshold of considering negative reprices. NOTE: only the jumpiest lenders would be anywhere close to pulling the trigger considering the AM trading range saw MBS at levels that were nearly as low as they are now.

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