Greg Jacobs - MBS Summary

5.0 MBS are now just over and eighth of a point and 5.5 MBS are down exactly an eighth of a point from the AM price plateau. Many lenders released rates during that plateau and are now approaching the threshold of considering negative reprices. NOTE: only the jumpiest lenders would be anywhere close to pulling the trigger considering the AM trading range saw MBS at levels that were nearly as low as they are now.

MBS Morning:

Bonds Picking Up Some Safe-Haven Demand

MBS Morning:

Are Bonds High on Crack (Spreads)?

08:46 AM

Modestly stronger start despite higher oil/gas. 10yr down 1.9bps at 4.536 and MBS up 1 tick (.03).

12:47 PM

Near weakest levels. MBS unchanged and 10yr down 1bp at 4.546

Greg Jacobs

Loan Officer

Movement Mortgage

M: 850-491-8611

movement.com/greg.jacobs

Tallahassee FL

License:

1783981

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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.