Learn. Share. Connect. (52,325 Members)  - Join
 

Site Tools

Join Now or Sign In
for Full Access to All Features

Local Professionals
(Change Your Location)

Add Your Listing Here!
Target 25,000 Unique Visitors Per Day with New Local Ads!
Browse The Directory

Recent Video

View more

Recent Polls

Do you expect the home buyer tax credit extension to contribute to a noticeable pick up in loan production?

Created By: Adam Quinones
  • Yes, I anticipate an increase in activity (26.1%)
  • Only a modest upturn in production (44.8%)
  • Nope. 2009 demand stole from 2010 demand (29.1%)

Federal Reserve MBS Purchase Program





View Details

3:11 PM (100-02 +0-06)
by Matthew Graham
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
Secondary Marketing Managers and Capital Markets Desks, if you are interested in subscribing to the same fixed income and mortgage market data we use:CLICK HERE.
    Rate this Post  

More from MND

Comments

Join Now or Login to Post Comments

Home - About - Contact - Sitemap - Disclaimer - Privacy Statement - Advertising - RSS - Link To This Page

All Content Copyright © 2003 - 2009 Brown House Media, Inc. All Rights Reserved.
Reproduction in whole or in part in any form without the express written permission of MortgageNewsDaily.com is prohibited.