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HR 3044: To Impose 18 Month Moratorium on HVCC

Created By: Adam Quinones
  • Support (91.8%)
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Federal Reserve MBS Purchase Program

Friday 11/21...Still Improving

Posted Nov 21 2008, 12:48 PM
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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. 

 

 

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on Fri, Nov 21 2008 2:02 PM

Sa-weeeet!!

on Fri, Nov 21 2008 2:18 PM

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

on Fri, Nov 21 2008 2:44 PM

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

on Fri, Nov 21 2008 3:02 PM

Rally on.