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  • MBS OPEN: Range Contains Bearish Rates Trend

    Recap of Yesterday Choppy rates session. FN 4.5 trades in 19 tick range...forcing us to issue two ALERTS. Mortgage Rates still holding at or below 5.00% (well qualified borrowers only) FN 4.5 +0-03 at 3pm marks. FN 4.5 -0-02 at 5pm. Current Coupon 4.39% at 3pm, 4.41% at 5pm. Yield spreads tighter vs...
    Posted to MBS Commentary (Weblog) by Adam Quinones on Thu, Sep 17 2009
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