Mortgage Banker
Frontier Mortgage
License:
1406168
MBS & US Treasury Markets
7/20 12:23:14PM EST : Delayed Data

MBS are down just under a quarter point on the day and 6 ticks (.19) from some early lenders' rate sheet print times. As such, the jumpier lenders could already be considering negative reprices. 

10yr yields are up 4.7bps to 4.593--the weakest level of the day. 

There are no specific, new motivations for the selling--just a gradual trend throughout the AM hours so far. 

09:17 AM

modestly weaker overnight. MBS down 1 tick (.03) and 10yr up 2.1bps at 4.567

11:41 AM

MBS down 7 ticks (.22) and 10yr up 4.7bps at 4.593

Mortgage Banker
Frontier Mortgage
License:
1406168