11/20 ... Downward Pressure Continues
Posted
As the Dow is moving into postive terrority, it is at the expense of mbs. Currently the 5.5 is at 100-07+ which is still up on the day by 6 ticks but well off the highs.
If you lender was very aggressive with their rates this morning, they may consider a .125 to the worse reprice.
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.
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