National averages don’t account for your credit profile, goals, or loan options. By working with a broker who partners with 100+ lenders, you gain access to broader pricing — often more competitive than advertised averages.
MBS are down more than eighth of a point from the AM highs and 10yr yields are up 4.3bps at 4.451 following a slew of war-related headlines (with the gist being that Trump is not in a rush to end the war).
Most lenders were not yet out with rate sheets when MBS were at their highs (8:45 - 9:00am ET), so intraday reprice risk is limited. This is more of a heads-up for those with overnight price protection that you are almost certainly looking at higher rates this morning.
No major reaction to CPI. 10yr up 2.9bps at 4.438 and MBS are down only 2 ticks (.06).
09:39 AM
MBS down 5 ticks (.16) and 10yr up 4.2bps at 4.451
A message from Sylvia Sanders:
Rates aren’t one-size-fits-all.
National averages don’t account for your credit profile, goals, or loan options. By working with a broker who partners with 100+ lenders, you gain access to broader pricing — often more competitive than advertised averages.
MBS are down more than eighth of a point from the AM highs and 10yr yields are up 4.3bps at 4.451 following a slew of war-related headlines (with the gist being that Trump is not in a rush to end the war).
Most lenders were not yet out with rate sheets when MBS were at their highs (8:45 - 9:00am ET), so intraday reprice risk is limited. This is more of a heads-up for those with overnight price protection that you are almost certainly looking at higher rates this morning.