Learn. Share. Connect. (52,310 Members)  - Join
 

Site Tools

Join Now or Sign In
for Full Access to All Features

Local Professionals
(Change Your Location)

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

Friday 11/21...Still Improving

Posted
 Email Page (New!)   |     Print   |     Bookmark

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
Secondary Marketing Managers and Capital Markets Desks, if you are interested in subscribing to the same fixed income and mortgage market data we use:CLICK HERE.
    Rate this Post  

Comments

Join Now or Login to Post Comments

on

keep the rally going...lets go out on a good note on a Friday for once!!!

on

Thank you God of all things, including MBS. :o)