MBS RECAP: Strong Gains Bring Bonds Back to Pre-Shutdown Levels

10yr yields have again edged into the 2.59’s but just barely (2.598 currently). Meanwhile the the SP is trading above its all time closing high and MBS are at their highs of the day.

There has been little, if any volatility for bond markets so far. The steady positivity is just enough to consider positive reprice potential from a few lenders, though we’d emphasize that lenders are more likely to “pace themselves” when it comes to getting these gains back on to rate sheets.

Article source: http://www.mortgagenewsdaily.com/mortgage_rates/blog/328258.aspx

Leave a Reply

WP2Social Auto Publish Powered By : XYZScripts.com
Bunk Beds