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Early Lenders Already Facing Reprice Risk
Posted to: Micro News
Thursday, January 31, 2013 10:15 AM
Though there are precious few lenders who release rates early enough to be affected, any rate sheets that were out before 9:43 are already at risk of negative reprices. Bond markets have been sliding into weaker territory since then with 10's now over 2.0 and Fannie 3.0s down 4 ticks on the day at 103-05.
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