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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 (26.9%)
  • Only a modest upturn in production (43.8%)
  • Nope. 2009 demand stole from 2010 demand (29.2%)

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
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on

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