Michael Levine - MBS Summary

MBS are at new lows for the day, down roughly 0.05 from the previous low. This is enough of drop that we could see the first few jumpy lenders pull the trigger on a reprice. Risks are much lower for lenders who priced at 10am ET or later.

Alert:

Down an Eighth From Highs

MBS Morning:

Slowest Day in Over a Month. No Reaction to Data

Michael Levine

Senior Loan Officer

CrossCountry Mortgage

M: 914-391-1183

2900 Westchester Ave.
#202
Purchase NY 10577-____

License:

307827

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The interest rate data provided in this newsletter are national averages from independent data sources. Rate/APR terms may differ from those listed above based on the creditworthiness of the borrower. All information provided "as is" for informational purposes only, not intended for trading purposes or financial advice.

Reproduction or redistribution this newsletter, outside of the distribution services provided, is prohibited. Interest rate data provided in this newsletter are national averages. Rate/APR terms may differ. All information provided "as is" for informational purposes only.