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Federal Reserve MBS Purchase Program

MBS MORNING: Rebounding Now..

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After falling all the way to 99-24, the

Current MBS Price and Day Over Day Change:

FN 5.5 30YR MBS = 100-05  .... -0-12 (12 ticks)

 

This is in the bottom of yesterday's trading range and there is excellent support around 100-02.  If you don't have rates yet, at this point, we should float until further notice.

 

 

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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I think I'm going to need some Dramamine today!