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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.
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