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.
Selling continued after the last alert. Losses are driven by a big surge in oil prices. We're not seeing a compelling reason for that yet other than unconfirmed reports of some pipeline attack.
MBS are now down 10 ticks (.31) on the day. Lenders who priced after 10am are seeing almost that full amount of weakness. Lenders who priced before 10am are seeing at least an eighth of a point.
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.
Selling continued after the last alert. Losses are driven by a big surge in oil prices. We're not seeing a compelling reason for that yet other than unconfirmed reports of some pipeline attack.
MBS are now down 10 ticks (.31) on the day. Lenders who priced after 10am are seeing almost that full amount of weakness. Lenders who priced before 10am are seeing at least an eighth of a point.