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Federal Reserve MBS Purchase Program

MBS UPDATE: Reprice Potential Increasing

Posted Nov 20 2008, 11:22 AM
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Now off the highs :

Current MBS Price and Day Over Day Change:

FN 5.5 30YR MBS = 100-05  .... +0-04 (4 ticks)

 

A significant portion of lenders who released rates more than 30 minutes ago will be considering a reprice for the worse.

 

 

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on Thu, Nov 20 2008 1:10 PM

just got another .125 worse at my most agressive lender. .25 worse total for day.