VP, Mortgage Advisor
CrossCountry Mortgage, LLC
License:
342090
MBS & US Treasury Markets
9/9 4:09:47PM EST : Delayed Data

If you haven't seen a reprice for the worse yet, chances are increasing.  MBS are now down 6 ticks (.19) from many lenders' rate sheet print times versus 4 ticks (.125) at the time of the previous alert.

10:05 AM

No real reaction to NFP revision estimates.  Modest overnight weakness remains.  MBS down an eighth and 10yr up 2.4bps at 4.063

10:41 AM

A bit more weakness in Treasuries with 10yr up 3.7bps at 4.077.  MBS down an eighth.

02:11 PM

Recovering slightly after 3yr auction.  10yr up 2.7bps at 4.066 and MBS down 3 ticks (.09).

04:02 PM

Weakest levels.  MBS down 6 ticks (.19) and 10yr up 4.2bps at 4.081

VP, Mortgage Advisor
CrossCountry Mortgage, LLC
License:
342090