More weakness since the first alert. MBS now unchanged on the day and down 3/8ths from highs and a quarter point from early rate sheet times. Negative reprices are becoming more likely for jumpier lenders.
No new reasons for selling, just an ongoing reconsideration of what this morning's data meant.
More weakness since the first alert. MBS now unchanged on the day and down 3/8ths from highs and a quarter point from early rate sheet times. Negative reprices are becoming more likely for jumpier lenders.
No new reasons for selling, just an ongoing reconsideration of what this morning's data meant.