Friday 11/21...Still Improving
Posted
5.5's are moving higher, currently at 100-09 which is up 1 tick on the day.
Float club is in session right now, but stay tuned. A late day sell off is very possible, but you need to allow some time for lenders to price in the gains we are seeing. So favorable reprice is very possible but we will have to hold these levels for a little time.
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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