|This email was sent to you by:|
Harry Chriest |
Mortgage News Daily
Email alerts, such as this one, are a free service
provided by Mortgage News Daily. If you would like to receive an alert when important news breaks
please register to join our community
Holding Ground Without Further Losses For Now
Posted to: Micro News
Friday, March 28, 2014 10:24 AM
Just wanted to give you a quick update as the selling pressure that precipitated the last alert hasn't been able to pick up any more steam since then. Lenders who may have been preparing for a reprice may now be inclined to hold off as long as these levels hold.
In terms of Fannie 4.0s, that's right at 104-03, and prices are currently 104-04, so don't tune out just yet, but keep fingers crossed that we stay above 104-03.
More from MND:
If you would like to opt-out of receiving email forwards from this person please click here to remove your email address.