Sales Manager
Synergy One Lending, Inc.
Licensed Originator NMLS 22482
MBS & US Treasury Markets
7/10 1:35:00PM EST : Delayed Data
09:11 AM
Unchanged MBS and 10yr down half a bp at 4.548
11:13 AM
MBS down 2 ticks (.06) and 10yr unchanged at 4.553
Sales Manager
Synergy One Lending, Inc.
Licensed Originator NMLS 22482
MBS are now down an eighth of a point on the day and an eighth from the price plateau seen during many lenders' rate sheet print times.
As such, the jumpier lenders are now on the threshold of considering negative reprices.
10yr yields are up 1bp at 4.562. There is no specific news or data underlying the selling and the change is very small in the big picture.