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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 (26.6%)
  • Only a modest upturn in production (43.9%)
  • Nope. 2009 demand stole from 2010 demand (29.5%)

Federal Reserve MBS Purchase Program





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MBS MID-MORNING: As the Panic Fades, Stocks Off The Floor A Bit and MBS off Their Highs
by Matthew Graham
Posted
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Current MBS Price and Day Over Day Change:

FN 5.5 30YR MBS = 100-09  .... +0-08 (8 ticks)

If a lender priced between 9:15 and 10:15 and came out aggressively, they may consider a .125 reprice for the worse.  The more likely case is that lenders are conservative in passing on the gains this AM, especially considering the wideness of spreads.  Still, if you're in a volatile short term situation, adjust accordingly.  There is no indication that the selling will continue in a meaningful way (yet...).

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.
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DallasLoanGuy  |  Contact or Connect with this Member
on

Ha.... I am still waiting for my rate sheet.

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