President of Mortgage Lending
ABLE Mortgage
License:
NMLS 246763
CA DRE 01411989
MBS & US Treasury Markets
7/10 5:59:00PM EST : Delayed Data

MBS are now down an eighth of a point on the day and an eighth from the price plateau seen during many lenders' rate sheet print times. 

As such, the jumpier lenders are now on the threshold of considering negative reprices. 

10yr yields are up 1bp at 4.562. There is no specific news or data underlying the selling and the change is very small in the big picture. 

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