Learn. Share. Connect. (51,922 Members)  - Join
 

Site Tools

Join Now or Sign In
for Full Access to All Features

Local Professionals
(Change Your Location)

Recent Polls

Should the FTHB Tax Credit be extended?

Created By: Glenn Setzer
  • Yes (75.4%)
  • No (24.6%)

Federal Reserve MBS Purchase Program

3:11 PM (100-02 +0-06)

Posted
 Email Page (New!)   |     Print   |     Bookmark

Nominal 23% retracement here after the book time.  Down off the highs which touched 100-08.

No salient cause for this other than technicals.

Moderate chance of .125 reprice for the worse from the most aggressive lenders that have priced in a majority of today's gains already.  Other, slower to the punch lenders, may only now be getting around to repricing for the better from earlier.

Data provided by Thomson Reuters
Mortgage Bankers, Secondary Marketing Managers, and Capital Markets Desks, if you are interested in obtaining access to the same fixed income and mortgage market data we use: CLICK HERE.
    Rate this Post  

Comments

Join Now or Login to Post Comments