Stronger overnight and flat so far. MBS up 3/8ths and 10yr down 6.7bps at 4.367
best levels of the day with MBS up 5/8ths and 10yr down 10.6bps at 4.327
Down an eighth from intraday highs, but still up 14 ticks (.44) on the day. 10yr still down 9bps at 4.345
MBS up only 11 ticks now (down a quarter from highs). 10yr down 8.4bps at 4.35
MBS are still up 3/8ths on the day, but down roughly a quarter point from AM highs. Lenders who priced/repriced during those highs are increasingly likely to be considering negative reprices.
Lenders who did not reprice for the better today are not as likely to be considering reprices.