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